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On January 1, 2024. Select Variety Store adopted the dollar-value LIFO retail invehtory method. Accounting records provided the following information: During 2025 (the following year).

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On January 1, 2024. Select Variety Store adopted the dollar-value LIFO retail invehtory method. Accounting records provided the following information: During 2025 (the following year). purchases at cost and retail were $168.000 and $301.000, respectively. Net markups, net markdowns, and net sales for the year were $3,000,$4,000, and $280,000, respectively. The retall price index at the end of 2025 was 1.06. Estimate ending inventory in 2025 using the dollar-value LIFO retall method. Note: Round ratio colculation to 2 decimal places and round other intermediate calculations and final answer to the nearest whole dollar

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