Waterway Industries uses the retail inventory method for its two departments, men's shoes and women's shoes. The following information is obtained for each department: Item Beginning inventory at cost Beginning inventory at retail Cost of goods purchased Retail price of goods purchased Net sales Men's Shoes $38,000 61,000 214,000 340,000 362,000 Women's Shoes $45,000 88.000 311.000 559,000 507,000 Calculate the estimated cost of the ending inventory for each shoe department under the retail inventory method. (Round cost to retail ratio to 2 decimal places, eg. 52.75 and final answers to decimal places, eg. 5,275.) Men's Shoes $ Women's Shoes Estimated cost of ending inventory