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 $ 82,600 $140,000 119,500 247,000 4,000 12,000 217,000 1.08 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