The following information is obtained from Burger Company’s records. Burger uses the dollar-value LIFO retail method.

The company adopted LIFO on January 1, 2019, when the cost and retail values of the inventory were $50,000 and $100,000, respectively. Burger experienced the following price indexes:

Required:
Compute the cost of the ending inventory for 2019, 2020, and 2021. Round the cost-to-retail ratio to 3 decimal places.

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2019 2020 2021 Retail Retail Cost Retail Cost Cost Purchases Net additional markups Net markdowns Sales $200,000 $420,000 20,000 10,000 400,000 $250,000 $550,000 30,000 40,000 600,000 $240,000 $500,000 10,000 20,000 450,000 January 1, 2019 December 31, 2019 December 31, 2020 December 31, 2021 100 115 108 120