Lance-Hefner Specialty Shoppes decided to use the dollar-value LIFO retail method to value its inventory. Accounting records provide the following information: Merchandise inventory, January 1, 2021 Net purchases Net markups Net markdowns Net sales Cost Retail $182,000 $280,000 372,600 535,000 10,000 5,000 400,000 Related retail price indexes are as follows: January 1, 2021 1.00 December 31, 2021 1.20 Required: Determine ending inventory and cost of goods sold using the information provided. Ending inventory at retail Ending inventory at cost Cost of goods sold