Sparrow Company uses the retail inventory method to estimate ending inventory and cost of goods sold. Data for 2021 are as follows: Cost Retail Beginning inventory $ 83,000 $ 173,000 Purchases 368,000 573,000 Freight-in 8,300 Purchase returns 6,300 10,300 Net markups 15,300 Net markdowns 11,300 Normal spoilage 2,300 Abnormal spoilage 4,405 7,300 Sales 533,000 Sales returns 9,300 The company records sales net of employee discounts. Employee discounts for 2021 totaled $3,300.

Required: 1. Estimate Sparrows ending inventory and cost of goods sold for the year using the retail inventory method and the average cost application. (Round Cost-to-retail percentage to 2 decimal places and final answers to the nearest whole dollar amount.)

Estimated ending inventory at retail?

Estimated ending inventory at cost?

Estimated Cost of Good sold?