Crosby Company owns a chain of hardware stores throughout the state. The company uses a periodic inventory system and the retail inventory method to estimate ending inventory and cost of goods sold. The following data are available: Beginning inventory Net purchases Net markups Net markdowns Net sales Cost $ 330,000 756,000 Beginning inventory Net purchases Net markups Net markdowns Required: Complete the table below to estimate the LIFO cost of ending inventory and cost of goods sold using the information provided. Assume stable retail prices during the period. Note: Round ratio calculation to 2 decimal places (i.e., 0.1234 should be entered as 12.34%.). Enter amounts to be deducted with a minus sign. Retail $ 383,000 1,032,000 20,000 2,000 995,000 Goods available for sale (excluding beginning inventory) Goods available for sale (including beginning inventory) Cost-to-retail percentage (beginning) Cost-to-retail percentage (current) Net sales Estimated ending inventory at retail Estimated ending inventory at cost Estimated cost of goods sold $ Cost 330,000 $ 756,000 756,000 1,086,000 $ Retail 383,000 1,032,000 20,000 (2,000) 1,050,000 1,433,000 (995,000) 438,000 Cost-to-Retail Ratio 73.26% 75.79%