Canova Corporation adopted the dollar$-$value LIFO retail method on January $1,2024.$ On that date, the cost of the inventory on hand was $$21,000$ and its retail value was $$30,000.$ Information for $2024$ and $2025$ is as follows:

Date Ending Inventory at Retail Retail Price Index Cost$-$to$-$Retail Percentage

$12/31/2024$ $ $49,0001\mathrm{.}4074\%$

$12/31/2025$ $ $60,0001\mathrm{.}6076\%$

Required:

What is the cost$-$to$-$retail percentage for the inventory on hand at $1/1/2024?$

Calculate the inventory value at the end of $2024$ and $2025$ using the dollar$-$value LIFO retail method.