Smuth-wree coimpatry malnains irtwentory records at sesing peices as weit as at cost. For 2024, the records indicate the foulowerg bata Required: Assuming the price level increased from 1.00 at January 1 to 1.20 at December 31,2024, use the doliar-value Lifo retail method 10 approvimate cost of ending inventory and cost of goods sold. Notet Round your intermedlate and final answers to the nearest whole dollar. Enter your answers in thousands