Inventory shortage

The records of Earthly Goods provided the following information for the year ended December 31, 2023. Required: 1. Prepare an estimate of the company's year-end inventory by the retail method. (Round all calculations to two decimal places.) 2. Under the assumption the company took a year-end physical inventory at marked selling prices that totalled $1,685,800, prepare a schedule showing the store's loss from theft or other causes at cost and at retail