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X Starter 6-15 (similar to) Are wiped out Plar Paper Company's inventory. The insurance company will be an estimate using the retail method. Last years

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X Starter 6-15 (similar to) Are wiped out Plar Paper Company's inventory. The insurance company will be an estimate using the retail method. Last years balance sheet stated that the ending inventory was $18.000 and it would aysel for $37000 . Pichalows that the cost of purchases was $170.000 and the real seling prices for the paper towed 5502,000. Credit Card receipts indicate that there was $250.000 of sales since the beginning of the year w e cost of the lost ending for the insurance company found the retail ratio to two decimal places and the final answer to the nearest dollar) The story is

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