On January 1, 2018, HGC Camera Store adopted the dollar-value LIFO retail inventory method. Inventory transactions at both cost and retail, and cost indexes for 2018 and 2019 are as follows:

2018 2019

Cost Retail Cost Retail

Beginning inventory $27,300$42,000

Net purchases80,080109,000$87,362$115,100

Freight-in2,1002,600

Net markups10,5008,200

Net markdowns2,1002,300

Net sales to customers100,530104,220

Sales to employees (net of 20% discount)2,6004,160

Price Index:

January 1, 20181.00

December 31, 20181.08

December 31, 20191.12

Required:

Estimate the 2018 and 2019 ending inventory and cost of goods sold using the dollar-value LIFO retail inventory method.(Do not round other intermediate calculations. Round your cost-to-retail percentage calculations to 2 decimal places and final answers to the nearest whole dollar.)

Estimated ending inventory at retail 2018_________ 2019__________

Estimated ending inventory at cost 2018_________ 2019__________

Estimated cost of goods sold 2018_________ 2019___________