The records of Heese Stores provided the following data for the year: Cost Retail (Base inventory) Inventory, January 1 $150,000 $ 250,000 Net purchases 830,800 1,318,000 Sales revenue 1,207.000 Other data are: Freight-in. $14,000; net markups. $8,000; net markdowns, $6,000; and the price index for the year is 110. Instructions Determine the approximate valuation of the final inventory by the dollar-value, LIFO-retail method. Label all figures. Cost Retail Ratio BI VA -A- IKE1 1 x x E - VTT: 12pt Paragraph