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 $ The following additional information is available:

At Cost At Retail

Beginning merchandise inventory $ $

Purchase returns and allowances

Purchases

Transportationin

Sales

Sales returns and allowances

Required:

Prepare an estimate of ending merchandise inventory using the retail method.