Exercise 5-20B (Algo) Estimating ending inventory-retail method LO P4 Dakota Company had net sales (at retail) of $145,000 At Cost At Retail Beginning inventory $ 33,400 $ 65, 700 Cost of goods purchased 49,400 99,900 The above additional information is available from its records. Use the retail inventory method to estimate Dakota's year-end Inventory at cost. (Round cost ratio to the nearest whole percentage.) At Cost Cost-to-Retail Ratio At Retail $ $ Beginning inventory Cost of goods purchased Cost of goods available for sale Net sales at retail (Ending inventory 33,400 49,400 82,800 65,700 99,900 165,600 $ $