Smith Kline Company maintains inventory records at selling prices as well as at cost. For 2024, the records indicate the following data: (5 in 000) Beginning Inventory Purchases Freight-in on purchases Purchase returns Net markups Net markdowns het sales Cost 5 77 Estimated ending inventory at retail Estimated ending inventory at cost Estimated cost of goods sold 682 33 1 Retail $ 140 1,026 2 4 B 919 Required: Assuming the price level increased from 1.00 at January 1 to 125 at December 31, 2024, use the dollar-value LIFO retail method to approximate cost of ending inventory and cost of goods sold. Note: Round your intermediate and final answers to the nearest whole dollar. Enter your answers in thousands. (5 in 000))

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