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 $44,000 11,410 Beginning inventory Net purchases Net markups Net markdowns Net sales Retail $59,000 32,500 2,100 1,250 41,000 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 $ 44,000 $ 59,000 11,410 Beginning inventory Net purchases Net markups Net markdowns Goods available for sale 32,500 2,100 (1,250) 92,350 55,410 Cost-to-retail percentage % $ 92,350 Net sales Estimated ending inventory at retail Estimated ending inventory at cost Estimated cost of goods sold