Exercise 6-16B Estimating ending inventory-retail method LO P4 In 2017, Dakota Company had net sales (at retail) of $146,000. Beginning inventory Cost of goods purchased At Cost $33,500 47, 742 At Retail $ 65,800 100, eee 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.) At Retail $ $ Beginning inventory Cost of goods purchased Cost-to-Retail At Cost Ratio 33,500 47,742 81,2421 65,800 100,000 165,800 $ $ Net sales at retail