Based on the following data,calculate the estimated cost of the inventory on March 31 using the retail method.
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Shareholders
Individuals or entities that own shares in a corporation, thereby having an interest in its performance and potential entitlement to dividends.
Employees
Individuals who are hired to perform specific duties in exchange for compensation under the direction and control of an employer.
Ethical
Pertaining to or dealing with morals, principles of morality, or the rules of conduct that govern the behavior of individuals and organizations.
Unethical
Actions or behaviors that do not meet the accepted standards of moral conduct.
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