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 $240,000 505,000 Merchandise inventory, January 1, 2021 Net purchases Net markups Net markdowns Net sales Retail $375,000 765,000 10,500 3,000 570,000 January 1, 2021 December 31, 2021 1.00 1.10 Required: Estimate the cost of ending inventory for December 31, 2021. (Round "Cost-to-retail percentage" to 1 decimal place.) Estimated ending inventory