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Find these three for both questions PLZ! Required information The following information apples to the questions displayed below] Sparrow Company uses the retail inventory method

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Find these three for both questions PLZ!
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Required information The following information apples to the questions displayed below] Sparrow Company uses the retail inventory method to estimate ending inventory and cost of goods sold. Data for 2024 are as follows The company records sales net of employee discounts. Employee discounts for 2024 totaled $3,500 Required: 1. Estimate Sparrow's ending inventory and cost of goods sold for the year using the retall inventory method and the average cost application. Note: Round Cost-to-retail percentage to 2 decimal ploces ond final answers to the nearest whole dollor amount. 2. Estimate Sparrow's ending inventory and cost of goods sold for the year using the retail inventory method and the conventional application. Note: Round Cost-to-retail percentoge to 2 decimol places and final answers to the nearest whole dollor amount. Estimated ending inventory at retail Estimated ending inventory at cost Estimated cost of goods sold

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