Smith-Kline Company maintains inventory records at selling prices as well as at cost. For 2021, the records indicate the following data:

	($ in 000s)
	Cost			Retail
Beginning inventory	$	77		$	140
Purchases		682			1,026
Freight-in on purchases		33
Purchase returns		1			2
Net markups					4
Net markdowns					8
Net sales					919

Required: Assuming the price level increased from 1.00 at January 1 to 1.25 at December 31, 2021, use the dollar-value LIFO retail method to approximate cost of ending inventory and cost of goods sold