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 2013 Coat Retail Beginning inventory 550.000 $65,000 33.100 Bet markupa Net sales 47.000 Not purchases 17.490 Net narkovs 2,700 1.550 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 (ie, 01234 should be entered as 12.34%). Enter amounts to be deducted with a minus sign) Coat Cost to Retail Retail 05.000 Ratio $ 50.000 $ 17.490 Beginning inventory Not purchases Niet markus Not markdowns Goods available for sale 33,100 2,700 (1.550) 90.250 67.490 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 Cost-to-Retail Ratio $ 50,000 $ 12,490 Beginning inventary Net purchases Nel markup Not markdowns Goods available for sale Retall 65,000 33,100 2,700 (1.650) 90.250 67,490 Cost-to-retail percentage 99.250 Net als Estimated ending inventory at retail Estimated ending inventory cost Estimated cost of goods sold