Charleston Company has elected to use the dollar-value LIFO retail method to value its inventory. The following data has been accumulated from the accounting records: Cost Retail Merchandise inventory, January 1, 2024 $ 347,760 $ 540,000 Net purchases 680,372 1,024,000 Net markups 14,400 Net markdowns 4,400 Net sales 672,000 Pertinent retail price indexes: January 1, 2024 1.00 December 31, 2024 1.10 Required: Estimate the ending inventory for December 31, 2024. Note: Round "Cost-to-retail percentage" to 2 decimal places