Smith-Kline Company maintains inventory records at selling prices as well as at cost. For 2013, the records indicate the following data: (S in 000s) Retail $ 80S 125 1,006 Cost Beginning inventory Purchases Freight-in on purchases Purchase returns Net markups Net markdowns Net sales 671 30 2 4 916 Required: Use the retail method to approximate cost of ending inventory in each of the following ways (Enter your answers in thousands. Round the cost-to-retail percentage to two decimal places (e.g. 12.34%) for calculation purposes. Round your final answers to 2 decimal places. Omit the "$" sign in your response) ($ in 000s) Ending inventory 1. Average cost 2. Average (LCM) cost S