San Lorenzo General Store uses a periodic inventory system and the retail inventory method to estimate ending inventory and cost of goods sold. The following data are available for the month of October 2021: Beginning inventory Net purchases Net markups Net markdowns Net sales Cost Retail $49,000 $64,000 14,765 33,000 2,600 1,500 46,000 Required: Complete the table below to estimate the average cost of ending inventory and cost of goods sold for October using the information provided. (Round ratio calculation to 2 decimal places (i.e., 0.1234 should be entered as 12.34%.) . Enter amounts to be deducted with a minus sign.) Cost Retail Cost-to-Retail Ratio $ 49,000 $ 14,765 Beginning inventory Net purchases Net markups Net markdowns Goods available for sale 64,000 33,000 2,600 (1,500) 98,100 63,765 Cost-to-retail percentage Net sales Estimated ending inventory at retail Estimated ending inventory at cost Estimated cost of goods sold