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: Cost Retail Merchandise inventory, January 1, 2021 $215, 220 $340 , 000 Net purchases 435, 125 730, 000 Net markups 9 , 800 Net markdowns 2, 300 Net sales 507 , 700 January 1, 2021 1. 00 December 31, 2021 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