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Dakota Company had net sales ( at retail ) of $ 2 6 0 , 0 0 0 . At Cost At Retail Beginning inventory

Dakota Company had net sales (at retail) of $260,000.
At Cost At Retail
Beginning inventory $ 63,800 $ 128,400
Cost of goods purchased 115,060196,800
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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