Lance-Hefner Specialty Shoppes decided to use the dollar-value LIFO retail method to value its inventory. Accounting records provide the following information:

	Cost			Retail
Merchandise inventory, January 1, 2021	$	217,000		$	350,000
Net purchases		396,000			595,000
Net markups					16,000
Net markdowns					11,000
Net sales					440,000

Related retail price indexes are as follows:

January 1, 2021	1.00
December 31, 2021	1.25

required:

ending inventory at retail: 510,000 (for sure)

ending inventory at cost: ??

cost of goods sold: ??