Sparrow Company uses the retail inventory method to estimate ending inventory and cost of goods sold. Data for 2021 are as follows:

	Cost			Retail
Beginning inventory	$	91,000		$	181,000
Purchases		356,000			581,000
Freight-in		9,100
Purchase returns		7,100			11,100
Net markups					16,100
Net markdowns					12,100
Normal spoilage					3,100
Abnormal spoilage		4,654			8,100
Sales					541,000
Sales returns					10,100

The company records sales net of employee discounts. Employee discounts for 2021 totaled $4,100.

Required: 1. Estimate Sparrows ending inventory and cost of goods sold for the year using the retail inventory method and the average cost application. (Round Cost-to-retail percentage to 2 decimal places and final answers to the nearest whole dollar amount.)

Average cost application Estimated ending inventory at retail Estimated ending inventory at cost Estimated cost of goods sold