Return to question 5 Bosco Company adopted the dollar-value LIFO retail method at the beginning of 2021. Information for 2021 and 2022 is as follows, with certain data intentionally omitted: 10 points Required: Determine the missing data. (Round "Cost-to-Retail Percentage" to the nearest whole percent (i.e., 0.1234 should be entered as 12%).) Answer is complete but not entirely correct. Inventory Retail Cost-to- Retail Date Cost Retail Price Index Percentage $ 18,000 25,000 1.00 72 % Inventory, 1/1/2021 Inventory, 12/31/2021 2022 net purchases 22,200 31,500 1.05 74 X % 53,200 80,000 2022 net sales 71,900 Inventory, 12/31/2022 3,600 39,600 1.10