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Lampton Linen used the retail method to estimate ending inventory. Their net sales were $ 5 0 , 0 0 0 , their cost of

Lampton Linen used the retail method to estimate ending inventory. Their net sales were $ $50, 000,$ their cost of the goods available for sale was $ $70, 000,$ and the retail value of the goods available for sale was $ $87, 500 .$ What is the estimated cost of ending inventory?

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Lampton Linen used the retail method to estimate ending inventory. Their net sales were $ 5 0 , 0 0 0 , their cost of

Lampton Linen used the retail method to estimate ending inventory. Their net sales were $50,000, their cost of the goods available for sale was $70,000, and the retail value of the goods available for sale was $87,500. What is the estimated cost of ending inventory?

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Lampton Linen used the retail method to estimate ending inventory. Their net sales were $ $50, 000,$ their cost of the goods available for sale was $ $70, 000,$ and the retail value of the goods available for sale was $ $87, 500 .$ What is the estimated cost of ending inventory?