Trask Inc Uses the Average Cost Retail Method to Estimate Its

Trask Inc. uses the average cost retail method to estimate its ending inventory. Partial information at June 30, 2009, is as follows:
Required:
Assuming Trask's cost-to-retail = 60%, compute Trask's beginning inventory at retail.
$$\begin{array} { l c r } & \text { Cost } & \text { Retail } \\\text { Beginning inventory } & \$ 62,000 & ? ? ? \\\text { Net purchases } & 238,000 & 319,000 \\\text { Net sales } & & 430,000 \\\text { Ending inventory } & 42,000 &\end{array}$$