Crosby Company owns a chain of hardware stores throughout the state. The company uses a periodic inventory system and the retail 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 tiet purchases Net sarkups Net markdowns het sales Required: Cost $240,000 600,000 Retail $363,000 750,000 14,000 2,000 700,000 Complete the table below to estimate the LIFO cost of ending inventory and cost of goods sold for the three months ending March 31.1 2021 using the information provided. Assume stable retail prices during the period. (Round ratio calculation to 2 decimal places (i.e.. 0.1234 should be entered as 12.34%). Enter amounts to be deducted with a minus sign.) Beginning inventory Net purchas Net martups Net mandovi Goods av Goods ava for sale cecuting beg inventory tor sane including beg mventory Cost-total percentage beginning) Cast-orall percentage Count Cost Retail Cost-to-Retail Ratio S 240,000 $ 608.000 363.000 780.000 14,000 2.000 600.000 000.000 848,000 1,163.000 < Prev 5 of 8 Next >