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, 2021:

	Cost			Retail
Beginning inventory	$	280,000		$	367,000
Net purchases		693,000			907,000
Net markups					19,000
Net markdowns					2,000
Net sales					900,000

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, 2021, using the information provided. Assume stable retail prices during the period. (Round ratio calculation to 2 decimal places (i.e., 0.1234 should be entered as 12.34%.). Enter amounts to be deducted with a minus sign.)

	Cost	Retail	Cost-to-Retail Ratio
Beginning inventory	$280,000	$367,000
Net purchases	693,000	907,000
Net markups	----------	19,000
Net markdowns	----------	2,000
Goods available for sale (excluding beg. inventory)	693,000	924,000
Goods available for sale (including beg. inventory)	973,000	1,291,000
Cost-to-retail percentage (beginning)			----------------	%
Cost-to-retail percentage (current)			75.00	%
Net sales		900,000
Estimated ending inventory at retail		$391,000
Estimated ending inventory at cost	(298,000)
Estimated cost of goods sold	$675,000