The records of Alaska Company provide the following information for the year ended December 31 $ Beginning inventory. January 1 Cost of goods purchased Sales Sales returns At Cost 472,650 $ 3,059.809 At Retall 928,450 5,288,65e 5,568,700 45,900 Required: 1. Use the retail inventory method to estimate the company's year-end inventory at cost 2. A year end physical inventory at retail prices yields a total inventory of $1,688,800 Prepare a calculation showing the company's loss from shrinkage at cost and at retail Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the retail inventory method to estimate the company's year and inventory at cost. (Round your ratio calculation to decimal place (1.10.15)) Requieu. 1. Use the retail inventory method to estimate the company's year-end inventory at cost 2. A year-end physical inventory at retail prices yields a total inventory of $1,688,800 Prepare a calculation showing the company's loss from shrinkage at cost and at retail Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the retail inventory method to estimate the company's year-end inventory at cost. (Round your ratio calculations to 2 decimal places. (.e. 10.15%)) $ Beginning inventory Cost of goods purchased Cost of goods available for sale Net sales at retall Estimated ending inventory Cost to Retail At Cost At Retail Ratio 472650 S 928,450 3,059 809 6.280.650 3,532,459 49.00% 5 7209,100 $ 49 00 Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 A year-end physical inventory at retail prices yields a total inventory of $1,688,800. Prepare a calculation showing the company's loss from shrinkage at cost and at retail. (Round your ratio calculations to 2 decimal places. (.e. 10.15%) ALASKA COMPANY Inventory Shortage December 31 At Cost Estimated Inventory Physical inventory Inventory shortage At Retail