Exercise 6-16B Estimating ending inventory-retail method LO P4 In 2017, Dakota Company had net sales (at retail) of $148,000 Beginning inventory Cost of goods purchased $33,700 66,000 4,414 188,280 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.) to-Retail At Retail At Cost S33,700 44.414 78,114 S66,000 100,200 47% S 166200 148,000