On July 31, Pharoah Company had the following data related to the retail inventory method: goods ayailable for sale at cost $25,120 : at retail \$40,000; and sales of $31,000. Calculate the estimated cost of the ending inventory using the retail inventory method. (Round. percentage to 2 decimal places, eg 52.75% and final answer to 0 decimal places, eg. 5.275.) Estimated cost of ending inventory On July 31 , Pharoah Company had the following data related to the retail inventory method: goods available for sale at cost $25,120; at retail $40,000; and sales of $31,000. Calculate the estimated cost of the ending inventory using the retail inventory method. (Round percentage to 2 decimal ploces, es 52.75% and final answer to 0 decimal places, es. 5.275.) Estimated cost of ending inventory