Check mm 3 Kiddie World uses a periodic inventory system and the retal inventory method to estimate ending inventory and cost goods sold. The following dato are available for the quarter ending September 30. 2018. Cast Retail 438,089 565,0e 928,9881,340,9e Beginning inventory let purchases Freight-I Net earkups 62.51,88 let sales 1,265,80 Estimate ending inventory and cost of goods sold (LIFO)(Round rotio celculation to 2 decimal Pioces n en 0.1234 ihe be entered as 12.34%)