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	$	78,300	$	145,000
Net purchases		111,150		251,000
Net markups				9,000
Net markdowns				13,000
Net sales				230,000
Retail price index, 12/31/18				1.08

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