Thomas's Electronics uses the retail method to determine inventory cost. The following information is available for the month of January 2021 $74,000 Beginning inventory, at cost Goods purchased at cost (net of allowances) 177.870 Net sales 305,000 120.000 Beginning inventory, at retail Goods purchased, atretall 325.000 Calculate the estimated cost of the January 31, 2021, Inventory using the retail Inventory method (Round cost to retal ratio to 1 decimal place, e.g. 25 and final answer to decimal places, es 5.125.) Estimated cost of ending Inventory Attempts of 1 used Submit An 'Savetoro