Smith$-$Kline Company maintains inventory records at selling prices as well as at cost$.$ For $2024,$ the records indicate the following data:

$($$ in $000$s$)$

Cost Retail

Beginning inventory $ $80$ $ $125$

Purchases $6711,006$

Freight$-$in on purchases $30$

Purchase returns $12$

Net markups $4$

Net markdowns $8$

Net sales $916$

Required:

Assuming the price level increased from $1\mathrm{.}00$ at January $1$ to $1\mathrm{.}10$ at December $31,2024,$ use the dollar$-$value LIFO retail method to approximate cost of ending inventory and cost of goods sold.

Note: Do not round intermediate calculations. Round final answers to the nearest whole dollar. Enter your answers in thousands.