Chapter 9 HW Saved Hel 4 San Lorenzo General Store uses a periodic inventory system and the retail inventory method to estimate ending inventory and cost of goods sold. The following data are available for the month of October 2018 Cost Retail Beginning inventory $ 42,000 $ 57,000 Net purchases 12,030 32,300 Net markups 1,900 Net markdowns 1,150 Net sales 39,000 15 points eBook Print Required: Complete the table below to estimate the average cost of ending inventory and cost of goods sold for October Cost Retail Cost-to-Retail Ratio Beginning inventory Plus: Not purchases Net markupe Low: Net markdowns Goods available for sale References Cost to retail percentage Less: Net sales Estimated ending inventory at retail Estimated ending inventory at cost Estimated cost of goods sold