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 $58,400. 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 $ 74,900 $ 93,650 14,900 19,900 1,256,680 1,730, 750 18,650 1,641,500 17,900 Required: 1. Prepare an estimate of ending merchandise inventory using the retail method. PET EMPORIUM Estimated Inventory At Cost At Retail Goods available for sale: Required: 1. Prepare an estimate of ending merchandise inventory using the retail method. PET EMPORIUM Estimated Inventory At Cost At Retail Goods available for sale: Goods available for sale Cost to retail ratio % Estimated ending inventory at cost 2. Calculate the cost of the stolen inventory. Cost of the stolen inventory