step by step instructions

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 19.085 Beginning inventory Net purchases Net markups Met markdowns Net sales Retail $67,000 33,360 2,90 1,650 49.00 Required: Complete the table below to estimate the average cost of provided. inventory and cost of goods sold for October using the information UNUN ST Cost-to-Retail Ratio Beginning inventory Plus Not purchases Not markups Less Net markdowns Goods avaiable for sale / / Cost to retail percentage Less Net Sales Estimated ending inventory at retail Estimated ending inventory at cost Estimated cost of goods sold