Question: = Time left 0:06:57 MAX CO. uses the retail inventory method to value its merchandise inventory. The following information is available for 2020 : Cost

= Time left 0:06:57 MAX CO. uses the retail inventory method to value its merchandise inventory. The following information is available for 2020 : Cost Retail Inventory, 1/1/2020 4,670,000 9,340,000 Purchases 21,196,000 45,604,000 Freight-in 2,712,000 Sales 46,702,000 What is MAX's estimated ending inventory at cost
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