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 Net purchases Net markups Net markdowns Net sales Cost $320,000 707,000 Retail $382,000 995,000 23,000 8,000 961,000 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 (i.e., 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 Net markups 320,000 $ 707,000 382,000 995,000 23,000 Net markdowns (8,000) Goods available for sale (excluding beg. inventory) Goods available for sale (including beg. inventory) 707,000 1,010,000 1,027,000 1,392,000 Cost-to-retail percentage (beginning) Cost-to-retail percentage (current) % %