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 $52,000 19,035 Beginning inventory Net purchases Het markups Net markdowns Iet sales Retail $67,000 33,300 2,900 1,650 49,000 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.c., 0.1234 should be entered as 12.34%). Enter amounts to be deducted with a minus sign.) 5 Cost 52 000 $ 19,005 Beginning inventory Net purchases Net Markus Net markdowns Goods available for sale Retail Cost-to-Retail Ratio 67.000 33,300 2,900 (1.650) 101,550 71,085 Cost to retail percentage Net Sales Estimated ending inventory at retail Estimated ending inventory al cost Estimated cost of goods sold