On January 1, 2011, Avondale Lumber adopted the dollar-value LIFO inventory method. The inventory value for its one inventory pool on this date was $260,000. An internally generated cost index is used to convert ending inventory to base year. Year-end inventories at year-end costs and cost indexes for its one inventory pool were as follows:

Required:
Calculate inventory amounts at the end of eachyear.

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Year Ended December 31nventory Year-End CostsCost Index (Relative to Base Year) 2011 2012 2013 2014 S3 40.000 350,000 00,000 30,000 1.02 1.06 1.07 1.10