4 Exercise 6-16B Estimating ending inventory-retail method LO P4 In 2017, Dakota Company had net sales (at retail) of $138,000. 1 t $65.000 Beqinning inventory Cost of goods purchased 1C 70,746 99,200 points Skipped The above additional information is available from its records at the end of 2017. Use the retail inventory method to estimate Dakota's 2017 ending inventory at cost. (Round cost ratio to the nearest whole percentage.) Cost-to-Retail At Cost At Retail cBook Ratio Beginning inventory 32.700 65,000 Cost of goods purchased 70,746 99.200 References 103.446 164.200 Net at reta