please solve the first problem step by step and explain how you got the answer. also for the second problem explain which is the best answer

14. Clooney Department Store estimates inventory by using the retail inventory method. The following information was developed: At Cost At Retail Beginning inventory $360,000 $ 750,000 Goods purchased 900,000 1,350,000 Net sales 1,400,000 The estimated cost of the ending inventory is a. $280,000 b. $336,000. c. $420,000. d. $466,667 18. A petty cash fund of $200 is replenished when the fund contains $3 in cash and receipts for $198. The entry to replenish the fund would a. credit Miscellaneous Revenue for $1. b. credit Cash Over and Short for $1. C. debit Cash Over and Short for $3. d. debit Miscellaneous Expense for $3