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 Net sales Retail price index, 12/31/18 Cost Retail $ 80,640 $ 144,000 131,500 267,000 8,eee 12,000 227,000 1.20 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