2. The Casten Company manufactures one product. On December 31, 1996, Casten adopted the dollar-value LIFO inventory method. The inventory on that date using the dollar-value LIFO inventory method was $180,000. Inventory data are as follows: Inventory at Price Index Year year-end prices (base year 1996) 1997 $252,000 1.05 1998 368,000 1.15 1999 387,500 1.25 Requirements: Compute the inventory at December 31, 1997, 1998, and 1999, using the dollar- value FIFO method for each year