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 wet purchases Netmarkups Net markdowns Net sales Cost $280,000 693,000 Retai $367,600 907.000 19,000 2,00e 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. 01234 should be entered as 12.34%). Enter amounts to be deducted with a minus sign.) Rotall Cost to Retail Ratio $ Beginning inventory Net purchases Net markups Netmarkdowns Goods available for sale (excluding beg Inventory) Goods available for sale (including beginventory) Cost 280,000 $ 593,000 of 0 693.000 973 000 367 000 907,000 19.000 2000 924000 1291 000 Cottontal percentage (beginning Contoret percentage (current) Notes Estimated ending inventory at retail Estimated ending inventory at cost Estimated cost of goods sold 5 1.251,000