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:

March 31, 2018 Cost $360, 000 840, 000 Retail Beginning inventory Net purchases Net markups Net markdowns Net sales $460, 000 1, 040, 000 17, 000 7, 000 1, 023, 000 Required Complete the table below to 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 Cost-to-Retail Ratio Cost Retail Beginning inventory Plus: Net purchases Net markups Less: Net markdowns Goods available for sale (excluding beg invento Goods available for sale (including beg. inventory) Cost-to-retail percentage Less: Net sales Estimated ending inventory at retail Estimated ending inventory at cost Estimated cost of goods sold