On January 1, 2021, the National Furniture Company adopted the dollar-value LIFO method of computing inventory.
An internal cost index is used to convert ending inventory to the base year. Inventory on January 1 was $204,000.
Year-end inventories at year-end costs and cost indexes for its one inventory pool were as follows:
Year Ended December 31 Inventory at Year-end Costs Cost Index (Relative to Base Year)
2021 $267,840 1.08
2022 310,240 1.12
2023 312,800 1.15
Required: Compute inventory amounts at the end of each year.