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: Cost Retail Beginning inventory $ 350,000 $ 450,000 Net purchases 874,000 1,134,000 Net markups 22,000 Net markdowns 6,000 Net sales 1,110,000 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.