Murdock Industries uses a periodic inventory system and the LIFO retail method to estimate its ending inventories. The following data has been summarized for December 31, 2021: Inventory, January 1 Purchases Net markups Net markdowns Net sales Cost Retail $107,000 $156,000 351,604 535,500 13,700 7,900 513,000 Required: Estimate the LIFO cost of ending inventory. Assume stable retail prices during the period. (Do not round your "Cost-to- retail percentage" and round your final answer to the nearest whole number.) Estimated ending inventory