Determine the estimated cost of the ending inventory for Hawkeye Tack as of September 30 by the retail method from the following data:
Definitions:
Delay of Gratification
The ability to resist the temptation for an immediate reward and wait for a later, often greater, reward.
Desired Reward
An attractive and sought-after outcome or item, typically as a result of one's actions or achievements.
Distracted Themselves
The act of diverting one's attention away from a particular task or focus to engage in another activity or thought.
Personality Characteristics
Personality characteristics are enduring patterns of thinking, feeling, and behaving that distinguish individuals from one another.
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