*E6.18 (LO 8) AP Video Zhang Shoe Store uses the retail inventory method for its two departments: men's shoes and women's shoes. The following information is obtained for each department: Estimate cost of ending inventory using retail method. Item Men's Shoes Women's Shoes Beginning inventory at cost $ 35,000 $ 45,000 Beginning inventory at retail 58,050 95,750 Cost of goods purchased 216,000 315,000 Retail price of goods purchased 348,400 670,200 Net sales 365,000 635,000 Instructions Calculate the estimated cost of the ending inventory for each shoe department under the retail inventory method