On January 1, 2021, Sanderson Variety Store adopted the dollar-value LIFO retail inventory method. Accounting records provided the following information:

Brief Exercise 9-12 (Algo) Dollar-value LIFO retail (LO9-5) On January 1, 2021, Sanderson Variety Store adopted the dollar-value LIFO retail inventory method. Accounting records provided the following information: Beginning inventory Net purchases Net markups Net markdowns Net sales Retail price index, end of year Cost Retail $ 52,500 $ 75,000 206,040 305,000 7,000 9,000 282,000 1.04 During 2022, purchases at cost and retail were $240,370 and $369,800, respectively. Net markups, net markdowns, and net sales for the year were $10,000, $11,000, and $315,000, respectively. The retail price index at the end of 2022 was 1.07. Estimate ending inventory in 2022 using the dollar-value LIFO retail method. (Round your intermediate calculations to the nearest whole dollar. Round ratio calculation to the nearest whole percent.) Ending inventory