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 Cost Retail $276,250 $425,000 616,875 815,000 11,500 4,000 659,000 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 2 decimal places.) Estimated ending inventory