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The records of Bramble Menswear report the following data for the month of September: Sales $117,600 Purchases (at cost) $61,300 Sales returns 114,000 2,800 Purchases

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The records of Bramble Menswear report the following data for the month of September: Sales $117,600 Purchases (at cost) $61,300 Sales returns 114,000 2,800 Purchases (at sales price) 11,700 Purchase returns (at cost) Additional markups 3,100 Markup cancellations 1,700 Purchase returns (at sales price) 3,400 Markdowns 40,600 10,100 Beginning inventory (at cost) 3,100 Beginning inventory (at sales price) Markdown cancellations 49,000 Freight on purchases 4,200 Estimate the ending inventory using the retail inventory method. (Round intermediate calculations to 2 decimal place, e.g. 15.21% and the final answers to 0 decimal places, e.g. 5,275.) Ending inventory, at retail Ending inventory, at cost $ eTextbook and Media Assuming that a physical count of the inventory determined that the actual ending inventory at retail prices at the end of September was $40,600, estimate the loss due to shrinkage and theft. (Round intermediate calculations to 2 decimal places, e.g. 15.21% and the final answer to 0 decimal places, e.g. 5,275.) Estimated loss due to shrinkage and theft $

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