4. On January 1, 2016, the Salem Hardware Company adopted the dollar-value LIFO method of computing inventory. An internal cost index is used to convert ending inventory to base year. Inventory on January 1 was 200,000. 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) 2016 259,200 1.08 2017 296,800 1.12 2018 299,000 1.15 Calculate inventory amounts at the end of 2016 and 2017 only.