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Andover Stores uses the average cost retail method to estimate its ending inventory. Information as of June 30, 2021, is as follows:
| | Cost | | Retail | |
| Beginning inventory | $ | 52,000 | | $ | 89,000 | |
| Net purchases | | 252,000 | | | 411,000 | |
| Net sales | | | | | 407,000 | |
| |
Required: Use the retail method to estimate the June 30, 2021, inventory. (Round "Cost-to-retail percentage" to 1 decimal place.)
Estimated ending inventory (at retail) :
Estimated ending inventory (at cost) :
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