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please show workings 5 1 DO S On January 1, 2021, HGC...

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Accounting

please show workings image
5 1 DO S On January 1, 2021, HGC Camera Store adopted the dollar-vale UFO retail inventory method, Inventory transactions of both cost and retail and cost indexes for 2021 and 2022 are as follows: 2021 2022 Cost Beginning inventory Retail Cost $ 50,400 72.000 Net purchases 300,200 124.000 5106,295 $130,100 Freight-in 3.6 Net markups Net war dos 10.000 11,200 3.60 Net sales to customers 3.600 125,655 Sales to employees het of 20 discount) 117,500 Price Index 2.900 6,560 January 1, 2021 1.00 December 31, 2021 December 31, 2022 1.00 1.08 Required: Estimate the 2021 and 2022 ending inventory and cost of goods sold using the dollar value LIFO retail inventory method. (Do not round other intermediate calculations. Round your cost-to-retail percentage calculation to 2 decimal places and final answers to the nearest whole dollar) 2021 2022 Estimated ending intory at Estimated ending inventory.com Estimated cost of goods sold

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