View Policies Current Attempt in Progress Steven's Electronics uses the retail method to determine inventory cost. The following information is available for the month of January 2021: $82,000 185,841 313,000 Beginning inventory, at cost Goods purchased at cost (net of allowandes) Net sales Beginning inventory, at retail Goods purchased, at retail 128,000 333,000 Calculate the estimated cost of the January 31, 2021, inventory using the retail inventory method. (Round cost-to-retail ratio to 1 decimal place, es 25 and final answer to decimal places, es, 5.125.) Estimated cost of ending inventory Attempts: 0 of 1 used Submit Answer Save for later