Crosby Company owns a chain of hardware stores throughout the state. The company uses a periodic inventory system and the retail inventory method to estimate ending inventory and cost of goods sold. The following data are available for the three months ending March 31, 2018:

Required:
Estimate the LIFO cost of ending inventory and cost of goods sold for the three months ending March 31, 2018. Assume stable retail prices during the period.

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Cost Retail $160,000 607,760 Beginning inventory Net purchases Net markups Net markdowns Net sales $280,000 840,000 20,000 4,000 800,000