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Dakota Company had net sales (at retail) of $130,000. At Cost At Retail Beginning inventory $ 31,900 $ 64,200 Cost of goods purchased 57,810 98,400

Dakota Company had net sales (at retail) of $130,000. At Cost At Retail Beginning inventory $ 31,900 $ 64,200 Cost of goods purchased 57,810 98,400 The above additional information is available from its records. Use the retail inventory method to estimate Dakota's year-end inventory at cost. Note: Round cost ratio to the nearest whole percentage.

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