Benny's Bed Company uses a periodic inventory system and the average cost retail method to estimate ending inventory and cost of goods sold. The following data is available from the company records for the month of September 2024. Cost Retail Beginning inventory $ 46,000 $ 66,000 Net purchases 205,000 300,000 Net markups 31,000 Net markdowns 14,000 Net sales 224,000 Estimated ending inventory is: Note: Round cost-to-retail ratio to 4 decimal places.

$106,443

$103,371

$104,201

$105,516