Question 4 (10 points] XYZ Corporation had a robbery in which a large amount of inventory was taken. The loss is totally covered by insurance. A physical inventory count determined that the cost of the remaining merchandise is $274,100. The following additional information is available: At Retail Opening merchandise inventory... 384.000 Purchase returns and allowances 14.400 Purchases 876.800 Sales 655.500 Sales returns 1.100 At Cost 240.000 9.000 548.000 a) Prepare an estimate of ending merchandise inventory using the retail method: At Retail At Cost Cost of Goods Sold: Opening inventory. Net purchases Cost of goods available for sale Estimated ending inventory. Cost of goods sold b) Calculate the cost of the inventory that was stolen: Cost of stolen merchandise =