On January 1, 2018, Sanderson Variety Store adopted the dollar-value LIFO retail inventory method. Accounting records provided the following information: Cost Retail Beginning inventory $ 51,600 $ 86,000 Net purchases 207,640 360,000 Net markups 6,000 Net markdowns 8,000 Net sales 337,000 Retail price index, end of year 1.04 During 2019, purchases at cost and retail were $258,885 and $470,700, respectively. Net markups, net markdowns, and net sales for the year were $5,000, $6,000, and $370,000, respectively. The retail price index at the end of 2019 was 1.06. Estimate ending inventory in 2019 using the dollar-value LIFO retail method. (Round your intermediate calculations to the nearest whole dollar. Round ratio calculation to the nearest whole percent.)