Marilee's Electronics uses a periodic inventory system and the average cost retail method to estimate ending inventory and cost of goods sold. The following data is available from the company records for the month of June 2021: Cost $ 97,500 311,000 Beginning inventory Net purchases Net markups Net markdowns Net sales Retail $137,000 535,000 28,500 42,000 555,000 The average cost-to-retail percentage is: Multiple Choice 59.2% O 68.5%. O 63.8% O 62.0%