On January 1, 2024, the Brunswick Hat Company adopted the dollar-value LIFO retail method. The following data are available for 2024: Beginning inventory Net purchases Net markups Net markdowns Net sales Retail price index, 12/31/2024 Required: Cost $ 80,460 117,450 Retail $ 149,000 269,000 7,000 15,000 254,000 1.04 Calculate the estimated ending inventory and cost of goods sold for 2024 using the information provided Note: Do not round intermediate calculations. Ending inventory at retail $ 156,000 Ending inventory at cost Cost of goods sold