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Maxine's Designs has the lines of women's wear Teenage. Young Woman, and Mature On May 18, 2017, Maxine's Designs had a fire that destroyed the

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Maxine's Designs has the lines of women's wear Teenage. Young Woman, and Mature On May 18, 2017, Maxine's Designs had a fire that destroyed the Teenage line of inventory Sales for the period January 1 to May 16 for the Teenage line were 3600,000 Inventory at January 1, 2017 for the Teenage line was 595.000 (cost), 5305,000 (retail) Purchases made from January 1 to May 18 for the Teenage line at cost were $250,000, and at retail were $735 000 Use the retail method to calculate the cost of the inventory lost in the fire Use the retail method to calculate the cost of the inventory lost in the fire for the Teenage Line Teenage Line Al Cost At Real Beginning inventory Cost of goods purchased Goods available for sale Less Sales alread Ending inventory at retail Cost to retario 33% Estimated ending inventory at cost

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