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	$	81,000	$	150,000
Net purchases		121,500		278,000
Net markups				8,000
Net markdowns				16,000
Net sales				228,000
Retail price index, 12/31/18				1.20

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