On January 1, 2018, the Brunswick Hat Company adopted the dollar-value LIFO retail method. The following data are available for 2018: Beginning inventory Net purchases Net markups Net markdowns Not sales Retail price index, 12/31/18 Cont Retail $ 76,720 $137,000 113,850 256,000 7,000 10,000 229,000 1.12 Required: Calculate the estimated ending inventory and cost of goods sold for 2018. Ending inventory at retail Ending Inventory at cost Cost of goods sold