Required:

Assume Raleigh Department Store adopts the dollar$-$value LIFO retail method on January $1,2023.$ Estimate ending inventory for

$2023$ and $2024.$

Note: Round your cost$-$to$-$retail percentage calculation to $2$ decimal places $($i$.$e$.,0\mathrm{.}1234$ should be entered as $12\mathrm{.}34)$ and final

answers to the nearest whole dollar.