Billingsly Products uses the conventional retail method to estimate its ending inventories. The following data has been summarized for the year 2024 Inventory, January 1 Cost $ 60,000 324,033 Retail $ 81,500 468,800 Purchases Net markups Net markdowns Net sales 8,700 17,4 ,400 399,000 Required: Estimate the ending inventory as of December 31, 2024. Note: Round "Cost-to-retail percentage" to 1 decimal place. Round you answers to the nearest whole dollar amount. Estimated ending inventory at retail Estimated ending inventory at cost