I need help in understanding how to do this in order to calculate the average cost retail method and the conventional retail method. Thank you!

Check my work 2 30 (190) , us 5 [L33, 34, 33) (The following information applies to the questions displayed below. On January 1, 2021, Pet Friendly Stores adopted the retail inventory method. Inventory transactions at both cost and retail, and cost indexes for 2021 and 2022 are as follows: Part 1 of 3 2022 Cost Retail 1.67 points Beginning inventory Purchases Purchase returns Freight-in Net markups Net markdowns Net sales to customers Sales to employees (net of 25% discount) Normal spoilage Price Index: January 1, 2021 December 31, 2021 December 31, 2022 2021 Cost Retail $152,750 $235,000 537,000 770,000 5,000 3,150 6,300 6,750 4,600 600,000 22,500 4,000 $ 700,000 $879,000 3,900 3,625 7,000 11,200 7,700 716,000 22,500 6,600 eBook Print 1.00 1.25 1.25 References Problem 9-13 (Algo) Part 1 Required: 1. Estimate the 2021 and 2022 ending inventory and cost of goods sold using the dollar-value LIFO retail method. 2021 2022 Estimated ending inventory at retail Estimated ending inventory at cost Estimated cost of goods sold Check my work 2 30 (190) , us 5 [L33, 34, 33) (The following information applies to the questions displayed below. On January 1, 2021, Pet Friendly Stores adopted the retail inventory method. Inventory transactions at both cost and retail, and cost indexes for 2021 and 2022 are as follows: Part 1 of 3 2022 Cost Retail 1.67 points Beginning inventory Purchases Purchase returns Freight-in Net markups Net markdowns Net sales to customers Sales to employees (net of 25% discount) Normal spoilage Price Index: January 1, 2021 December 31, 2021 December 31, 2022 2021 Cost Retail $152,750 $235,000 537,000 770,000 5,000 3,150 6,300 6,750 4,600 600,000 22,500 4,000 $ 700,000 $879,000 3,900 3,625 7,000 11,200 7,700 716,000 22,500 6,600 eBook Print 1.00 1.25 1.25 References Problem 9-13 (Algo) Part 1 Required: 1. Estimate the 2021 and 2022 ending inventory and cost of goods sold using the dollar-value LIFO retail method. 2021 2022 Estimated ending inventory at retail Estimated ending inventory at cost Estimated cost of goods sold