Pet Emporium had a robbery on the weekend in which a large amount of inventory was taken. The loss is covered completely by insurance. A physical inventory count determined that the cost of the remaining merchandise is $59,100. The following additional information is available: Beginning merchandise inventory Purchase returns and allowances Purchases Transportation-in Sales Sales returns and allowances At Cost At Retail $ 75,600 $ 94,350 15,600 20,600 1,385,130 1,734,250 19,350 1,648,500 18,600 3:53 Required: 1. Prepare an estimate of ending merchandise inventory using the retail method