Beginning inventory Net purchases Freight-in Net markups Net markdowns Net sales to customers Sales to employees (net of 20% discount) Price Index: January 1, 2021 December 31, 2021 December 31, 2022 2021 2022 Retail Cost Retail Cost $49,000 $ 70,000 99,250 123,000 $105,764 $129,700 3,500 4,000 17,500 3,500 124,460 2,800 11,000 3,700 116,240 6,400 1.00 1.04 1.08 Required: Estimate the 2021 and 2022 ending inventory and cost of goods sold using the dollar-value LIFO retail inventory method. (Do not round other intermediate calculations. Round your cost-to-retail percentage calculation to 2 decimal places and final answers to the nearest whole dollar.) Estimated ending inventory at retail Estimated ending inventory at cost Estimated cost of goods sold 2021 2022 5 10 points Skipped Check my work On January 1, 2021, HGC Camera Store adopted the dollar-value LIFO retail inventory method. Inventory transactions at both cost and retail, and cost indexes for 2021 and 2022 are as follows: Beginning inventory Net purchases Freight-in Net markups Net markdowns eBook Net sales to customers Print Sales to employees (net of 20% discount) Price Index: January 1, 2021 December 31, 2021 December 31, 2022 References Required: 2021 Cost Retail Cost $49,000 $ 70,000 3,500 99,250 123,000 $105,764 4,00 17,500 3,500 124,460 2,800 Estimate the 2021 and 2022 ending inventory and cost of goods sold using the dollar- value LIFO retail inventory method. (Do not round other intermediate calculations. Round your cost-to-retail percentage calculation to 2 decimal places and final answers to the nearest whole dollar.) Estimated ending inventory at retail Estimated ending inventory at cost Estimated cost of goods sold 2021 2022