On January 1, 2018, the Brunswick Hat Company adopted the dollar-value LIFO retail method. The following data are available for 2018:

	Cost		Retail
Beginning inventory	$	73,500	$	147,000
Net purchases		106,400		271,000
Net markups				5,000
Net markdowns				10,000
Net sales				245,000
Retail price index, 12/31/18				1.05

Required: Calculate the estimated ending inventory and cost of goods sold for 2018. 1. ending inventory at retail

2. ending inventory at cost

3. cost of goods sold