On January 1, 2016, HGC Camera Store adopted the dollar-value LIFO retail inventory method. Inventory transactions at both cost and retail, and cost indexes for 2016 and 2017 are as follows:

	2016						2017
	Cost			Retail			Cost			Retail
Beginning inventory	$	37,800		$	54,000
Net purchases		91,650			115,000		$	100,386		$	123,500
Freight-in		2,700						3,200
Net markups					13,500						9,400
Net markdowns					2,700						2,900
Net sales to customers					112,200						113,080
Sales to employees (net of 20% discount)					3,200						5,120
Price Index:
January 1, 2016											1.00
December 31, 2016											1.06
December 31, 2017											1.09

Required:

Estimate the 2016 and 2017 ending inventory and cost of goods sold using the dollar-value LIFO retail inventory method. (Round your cost-to-retail percentage calculations to 2 decimal places.)

estimated ending inventory at retail	2016	2017
estimated ending inventory at cost
estimated cost of goods sold