Exercise $9-21($Algo$)$ Dollar$-$value LIFO retail $[$LO$9-5]$

Lance$-$Hefner Specialty Shoppes decided to use the dollar$-$value LIFO retail method to value its inventory.

Accounting records provide the following information:

Related retail price indexes are as follows:

Required:

Determine ending inventory and cost of goods sold using the information provided.

Ending inventory at retail

Ending inventory at cost

Cost of goods sold