View Policies Current Attempt in Progress Jason's Electronics uses the retail method to determine inventory cost. The following information is available for the month of January 2021: $87,000 190,890 Beginning inventory, at cost Goods purchased at cost (net of allowances) Net sales Beginning inventory, at retail Goods purchased, at retail 318,000 133,000 338,000 Calculate the estimated cost of the January 31, 2021, Inventory using the retail inventory method. (Round cost-to-retall ratio to 1 decimal place, es, 25 and final answer to decimal places, eg. 5,125) Estimated cost of ending inventory $