Using the retail method, estimate the value of the ending inventory at cost on September 30 from the following information for Scandinavian Furniture Designs, Inc. Round the cost ratio to the nearest tenth of a percent. Scandinavian Furniture Designs, Inc. September 1-September 30 Cost Retail Beginning $150,000 $450,000 Inventory, September 1 Purchases 90,000 270,000 (September) Net Sales (September) $395,000