Required: 1. Use the retail Inventory method to estimate the company's year-end Inventory at cost 2. A year-end physical inventory at retail prices yields a total inventory of $1,681,800. Prepare a calculation showing the company's loss from shrinkage at cost and at retail Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the retail inventory method to estimate the company's year-end Inventory at cost. (Round your ratio calculations to 2 decimal places. (.e.10.15)) At Cost Cost-to-Retail Ratio At Retail Beginning inventory $ 471,950 $ 927,750 Cost of goods purchased 3,708,516 6,279,950 Cost of goods available for sale $ 4,180,466 $ 7,207,700 Not sales at retail 14.415.400 Estimated ending inventory Fugte Required 2 > The records of Alaska Company provide the following information for the year ended December 31 At Cost $ 471,950 3,708,516 Beginning inventory, January 1 Cost of goods purchased Sales Sales returns $ At Retail 927,750 6,279,950 5,501, 700 45,200 Required: 1. Use the retail inventory method to estimate the company's year old inventory at cost. 2. A year-end physical inventory at retail prices yields a total inventory of $1681,800. Prepare a calculation showing the company's loss from shrinkage at cost and at retail Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the retail Inventory method to estimate the company's year-end Inventory at cost. (Round your ratio calculations to 2 decimal places. (Le. 10.15)) Cost-to-Retail Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the retail inventory method to estimate the company's year-end inventory at cost. (Round your ratio calculations to 2 decimal places (.e. 10.159)) At Cost Cost-to-Retail Ratio $ Beginning inventory Cost of goods purchased Cost of goods available for sale Net sales at Total Estimated ending inventory 471,050 3,708,516 4,180,466 At Retail 5927.750 6,279,950 $ 7,207,700 14,415,400 $ Reme Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 A year-end physical inventory at retail prices yields a total inventbry of $1,681,800. Prepare a calculation showing the company's loss from shrinkage at cost and at retail. (Round your ratio calculations to 2 decimal places. (.e. 10.15%)) ALASKA COMPANY Inventory Shortage December 31 At Cost At Retail Estimated Inventory Physical inventory Inventory shortage