Crosby Company owns a chain of hardware stores throughout the state. The company uses a periodic inventory system and the retai Inventory method to estimate ending Inventory and cost of goods sold. The following data are available for the three months ending March 31, 2021 Beginning inventory Net purchases Net sackups Net markdowns Net sales Cost Retail $280,000 $367,000 693,000 907,080 19,000 2,000 900,000 Required: Complete the table below to estimate the LIFO cost of ending inventory and cost of goods sold for the three months ending March 31, 2021, using the information provided. Assume stable retail prices during the period. (Round ratio calculation to 2 decimal places le 0.1234 should be entered as 12.34%). Enter amounts to be deducted with a minus sign.) Cost Retail Cost-to-Retail Ratio Beginning inventory Net purchases 280,000 693,000 367.000 907.000 OOK Net markup 0 19.000 0 unt Net markdowns Goods available for sale (excluding beg, Inventory) Goods available for sale (including bog, inventory) (2.000) 924,000 1,291,000 693.000 973,000 rint ences 75.43 % Cost-to-retail percentage (beginning) Cost-to-retail percentage (current) % Not sales Estimated ending inventory at retail Estimated ending inventory at cost Estimated cost of goods sold 300,000 391,000 $