Instructions (1) Compute the ending inventory at cost on February 28, 2021, using the retail method which approximates lower of cost of market Your solution should be good form with amants dewly labeled 16 points) Sales retums and allowances: $12,0 (Note: you may not use all rows/columns of the provided table) A BI Ili TII P (2) Compute the ratio of cost to retail (2 points) (3) Compute the ending inventory at cost (2 points) Instructions (1) Compute the ending inventory at cost on February 28, 2021, using the retail method which approximates lower of cost of market Your solution should be good form with amants dewly labeled 16 points) Sales retums and allowances: $12,0 (Note: you may not use all rows/columns of the provided table) A BI Ili TII P (2) Compute the ratio of cost to retail (2 points) (3) Compute the ending inventory at cost (2 points)