Question 5 0/1 pts Towson Products uses the retail method to estimate ending inventory in its monthly financial statement. The following information is available for the month ended March 31 Sales Inventory, March 1 Net purchases Goods available for sale Cost Retail $320,000 $136,000 219,000 182.000 273.000 $318,000 $492.000 The cost of the goods sold for March using the retail method is $211.187 You Answered $217,000. Correct Answer $206,888 $172,000