If someone could explain how to get this it would be very beneficial thank you

The records of Alaska Company provide the following information for the year ended December 31. $ At Cost 471,950 3,708,516 Beginning inventory, January 1 Cost of goods purchased Sales Sales returns $ At Retail 927,750 6, 279,950 5,501,700 45,200 Required: 1. Use the retail inventory method to estimate the company's year-end inventory at cost. 2. A year-end physical inventory at retail prices yields a total inventory of $1,681,800. Prepare a calculation showing the company's loss from shrinkage at cost and at retail. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the retail inventory method to estimate the company's year-end inventory at cost. (Round your ratio calculations to 2 decimal places. (i.e. 10.15%)) At Cost Cost-to-Retail Ratio At Retail $ Beginning inventory Cost of goods purchased 471,950 3,708,516 4,180,466 $ 927,750 6,279,950 $ 7,207,700 $ Net sales at retail Required 1 Required 2 A year-end physical inventory at retail prices yields a total inventory of $1,681,800. Prepare a calculation showing the company's loss from shrinkage at cost and at retail. (Round your ratio calculations to 2 decimal places. (i.e. 10.15%) ALASKA COMPANY Inventory Shortage December 31 At Cost Estimated inventory Physical inventory Inventory shortage At Retail