Brief Exercise $9-12($Algo$)$ Dollar$-$value LIFO retail $[$LO$9-5]$

On January $1,2024,$ Select Variety Store adopted the dollar$-$value LIFO retail inventory method.

Accounting records provided the following information:

During $2025($the following year$),$ purchases at cost and retail were $$233,135$ and $$333,050,$ respectively.

Net markups, net markdowns, and net sales for the year were $$6,000,$$$7,000,$ and $$295,000,$

respectively. The retail price index at the end of $2025$ was $1\mathrm{.}07.$ Estimate ending inventory in $2025$ using

the dollar$-$value LIFO retail method.

Note: Round ratio calculation to $2$ decimal places and round other intermediate calculations and final

answer to the nearest whole dollar.

Answer is complete but not entirely correct.