Kiddie World uses a periodic inventory system and the retail inventory method to estimate ending inventory and cost of goods sold. The following data are available for the quarter ending September 30, 2021:

	Cost			Retail
Beginning inventory	$	460,000		$	590,000
Net purchases		940,000			1,370,000
Freight-in		52,700
Net markups					64,000
Net markdowns					34,000
Net sales					1,280,000

Estimate ending inventory and cost of goods sold (LIFO). (Round ratio calculation to 2 decimal places (i.e., 0.1234 should be entered as 12.34%.)) I filled out most of it correctly, I just need 'Less: Net Sales' at cost amount and 'Estimated Inventory at Cost'.

Cost Retail Cost-to-Retail Ratio $ $ 460,000 940,000 52,700 590,000 1,370,000 Beginning inventory Plus: Net purchases Freight-in Net markups Less: Net markdowns Goods available for sale (excluding beg. Inventory) Goods available for sale (including beg. Inventory) 64,000 34,000 1,400,000 1,990,000 992,700 1,452,700 Cost-to-retail percentage 70.91% 1,280,000 710,000 $ Less: Net sales Estimated ending inventory at retail Estimated ending inventory at cost Estimated cost of goods sold $ 1,452,700 TT T TTTTTTTTTTTTTTTTTTTT