value: 1.00 points On January 1, 2016, the Brunswick Hat Company adopted the dollar-value LIFO retail method. The following data are available for 2016: Cost Retail Beginning inventory Net purchases Net markups Net markdowns Net sales Retail price index, 12/31/16 $75,040 $134,000 105,750 228,000 9,000 12,000 212,000 1.05 Required Calculate the estimated ending inventory and cost of goods sold for 2016 Answer is complete but not entirely correct. Ending inventory at $147,000 retail Ending inventory at cost Cost of goods sold |$ 77,962 $102.828