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Brief Exercise 9-12 Dollar-value LIFO retail [LO9-5] On January 1, 2018, Sanderson Variety Store adopted the dollar-value LIFO retail inventory method. Accounting records provided the following information: Cost ERetail Beginning inventory Net purchases Net markups Net markdowns Net sales Retail price index, end of year $ 56,000 80,000 223,040 330,000 6,000 8,000 307,000 1.02 During 2019, purchases at cost and retail were $271,830 and $418.200, respectively. Net markups, net markdowns, and net sales for the year were $7.000, $8.000, and $340.000, respectively. The retail price index at the end of 2019 was 1.08. Estimate ending inventory in 2019 using the dollar-value LIFO retail method. (Round your intermediate calculations to the nearest whole dollar. Round ratio calculation to the nearest whole percent.) Answer is not complete