Universal Suppliers had sales of $479,000 in the month of June. Use the retail method to estimate the value of the inventory (in s) as of June 30 given the following financial information: Universal Suppliers Financial Highlights June 1- June 30 Cost Retail Beginning Inventory $306,371 $583,900 Net Purchases (June) 155,785 226,900 Universal Suppliers had sales of $479,000 in the month of June. Use the retail method to estimate the value of the inventory (in s) as of June 30 given the following financial information: Universal Suppliers Financial Highlights June 1- June 30 Cost Retail Beginning Inventory $306,371 $583,900 Net Purchases (June) 155,785 226,900