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 markup Net markdowns Net sales Retail price Index, end of year Cost Retail $ 56,000 $ 80,000 223,040 330,000 5,000 8,000 307,000 1.02 During 2022purchases at cost and retail were $271,830 and $418,200, respectively, Net markups, net markdowns, and net sales for the year were $7000, $8,000, and $340,000, respectively. The retail price index at the end of 2022 was 1.08 Estimate ending Inventory in 2022 using the dollar value LIFO retall method (Round your intermediate calculations to the nearest whole dollar. Round ratio calculation to the nearest whole percent.) Ending inventory