On January $1,2024,$ Pet Friendly Stores adopted the retail inventory method. Inventory transactions at both cost and retail, and cost indexes for $2024$ and $2025$ are as follows:

$20242025$

Cost Retail Cost Retail

Beginning inventory $ $121,600$ $ $190,000$

Purchases $520,000708,000$ $ $630,000$ $ $1,056,000$

Purchase returns $2,5005,0003,0003,600$

Freight$-$in $4,2006,000$

Net markups $6,3009,400$

Net markdowns $4,3006,800$

Net sales to customers $570,000698,000$

Sales to employees $($net of $25\%$ discount$)16,50016,500$

Normal spoilage $1,5005,700$

Price Index:

January $1,20241\mathrm{.}00$

December $31,20241\mathrm{.}20$

December $31,20251\mathrm{.}60$

Problem $9-13($Algo$)$ Part $1$

Required:

$1.$ Estimate the $2024$ and $2025$ ending inventory and cost of goods sold using the dollar$-$value LIFO retail method.

Note: Round your cost$-$to$-$retail percentage calculation to $2$ decimal places $($i$.$e$.,0\mathrm{.}1234$ should be $12\mathrm{.}34\%)$ and final answers to the nearest whole dollar.