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Given the following October 2017 data for the Paquette Company: At Cost $1,000 Beginning Inventory Mark ups Mark-up Cancellations Net Sales Net Purchases At Retail

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Given the following October 2017 data for the Paquette Company: At Cost $1,000 Beginning Inventory Mark ups Mark-up Cancellations Net Sales Net Purchases At Retail $1,250 $250 $150 $5,000 $6,150 $4,000 Using the Retail method, the inventory cost estimate at 10/31/17 is: Select one: O a. $1,900 O b. $1,733 O c. $1,667 d. $2,250 O e. $2,500

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