Smith.kilne Company maintains inventory records at selling prices as well as at cost. For 2024 , the records indicate the following data Required: Assuming the price level increased from 1.00 at January 1 to 1.20 at December 31, 2024, use the dollar-value LIFO retall method to approximate cost of ending inventory and cost of goods sold. Note: Round your intermediate and final answers to the nearest whole dollar. Enter your answers in thousands