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: Cost $ 45,000 18,580 Beginning inventory Net purchases Net markups Net markdowns Net sales Retail $60,000 32,600 2,200 1,300 42,000 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 (.e., 0.1234 should be entered as 12.34%.). Enter amounts to be deducted with a minus sign.) Cost Retail Cost-to-Retail Ratio $ $ 45,000 18,580 Beginning inventory Net purchases Net markups Net markdowns Goods available for sale 60,000 32,600 2,200 (1.300) 93,500 63,580 Cost-to-retail percentage % $ 93,500 Net sales Estimated ending inventory at retail Estimated ending inventory at cost Estimated cost of goods sold