On January 1, 2021, Pet Friendly Stores adopted the retail inventory method. Inventory transactions at both cost and retail, and cost indexes for 2021 and 2022 are as follows: 2022 Retail Beginning inventory 2021 Cost Retail $159,250 $245,000 450.000 631.000 4,500 3.550 7,200 5,900 4.600 500,000 24.000 Purchase returns Prelatan Nat nakups Net markdowns Net sales to customer Sales to employees (set of 200 discount) Nornal apollage Price Index January 1, 2021 December 31, 2021 December 31, 2022 $685,000 $918.000 4,100 4,500 7.000 11,600 7.900 720.000 24,000 6.800 2 02:29:44 Required: 1. Estimate the 2021 and 2022 ending inventory and cost of goods sold using the dollar value LIFO retail method. 2021 2022 Estimated ending inventory mail Estimated ending inventory Con Estimated out of goods sold