Green Acres Co. has elected to use the dollar value LIFO retail method to value its inventory. The following data has been accumulated from the accounting records: Pertinent retail price indexes: Merchandise inventory, January 1, 2021 Net purchases Net markups Net markdowns Net sales January 1, 2021 December 31, 2021 Cost Retail $232,870 $365,000 488,000 755,000 10,300 2,800 552,200 1.00 1.10 Required: Estimate the cost of ending inventory for December 31, 2021. (Round "Cost-to-retail percentage" to 2 decimal places.) Estimated ending inventory