Required Information

Problem $9-13($Algo$)$ Retall Inventory method; varlous applications $[$LO$9-3,9-4,9-5]$

$[$The following Information applies to the questlons displayed below.$]$

On January $1,2024,$ Pet Frlendly Stores adopted the retall Inventory method. Inventory transactions at both cost and retall,

and cost Indexes for $2024$ and $2025$ are as follows:

Problem $9-13($Algo$)$ Part $1$

Required:

Estimate the $2024$ and $2025$ ending Inventory and cost of goods sold using the dollar$-$value LIFO retall method.

Note: Round your cost$-$to$-$retall percentage calculation to $2$ decimal places $($l$.$e$.,0\mathrm{.}1234$ should be $12\mathrm{.}34\%)$ and final answers to the

hearest whole dollar.