Sparrow Company uses the retail inventory method to estimate ending inventory and cost of goods sold. Data for 2016 are as follows: Cost Retail Beginning inventory $ 87,000 $ 177,000 Purchases 359,000 577,000 Freight-in 8,700 Purchase returns 6,700 10,700 Net markups 15,700 Net markdowns 11,700 Normal spoilage 2,700 Abnormal spoilage 4,240 7,700 Sales 537,000 Sales returns 9,700 The company records sales net of employee discounts. Discounts for 2016 totaled $3,700.

What is the estimated ending inventory at cost and cost of goods sold?