*E6-20 Quayle Shoe Store uses the retail inventory method

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Quayle Shoe Store uses the retail inventory method for its two departments,Women’s
Shoes and Men’s Shoes.The following information for each department is obtained.

	Women's Department	Men's Department
Beginning inventory at cost	32,000	45,000
Cost of goods purchased at cost	148,000	136,300
Net sales	178,000	185,000
Beginning inventory at retail	46,000	60,000
Cost of goods purchased at retail	179,000	185,000

Instructions
Compute the estimated cost of the ending inventory for each department under the retail inventory
method.