content area top Part 1 Sales Corporation provided the following information on its beginning inventory and purchases for the year: LOADING...(Click the icon to view the inventory records.) In addition, it recorded sales (at retail) of . What ending inventory and cost of goods sold will record under the basic retail method? Question content area bottom Part 1 Complete the partial table below to determine the cost-to-retail ratio. In the following step, complete the table by selecting the labels and entering the amounts needed to determine 's ending inventory and cost of goods sold using the basic retail method. (Round the cost-to-retail ratio to the nearest whole number.)