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The following data are obtained from DK Stores Inc.'s financial records: 2021 Cost $75,600 176,000 1,130 Retail $126,000 244,000 Beginning Inventory Purchases Purchases discount Net

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The following data are obtained from DK Stores Inc.'s financial records: 2021 Cost $75,600 176,000 1,130 Retail $126,000 244,000 Beginning Inventory Purchases Purchases discount Net markups Net markdowns Normal spoilage Sales to customers Sales to employees (after 40% employee discounts) Price index 9,500 10,625 1,200 215,000 9,705 1.05 Price indices are based on January 1, 2021 which is the base year. Suppose DK uses the average cost retail inventory method to account for its inventory. What is the current period cost-to-retail % (rounded to the nearest 0.1%)

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