Charlie Company's inventory on January $1,2025,$ at cost and retail are $$100,000$ and $$150,000,$ respectively. Charlie established its base year amounts on January $1,2025.$ The current year price index was $1\mathrm{.}20.$ Charlie also had the following information:CostRetailPurchases$ $200,000$$ $300,000$Sales$260,000$Mark$-$ups$21,000$Mark$-$downs$(12,000)$nstructionsDetermine ending inventory using:$($a$)$ Dollar Value LIFO.$($b$)($Round intermediate calculations to two decimals and final calculations to the nearest