8-13 (Algo) Dollar-value LIFO [LO8-8] On January 1, 2024, a company adopted the dollar-value LIFO method. The inventory value for its one inventory pool on this date was $430,000. Inventory data for 2024 through 2026 are as follows: Ending Inventory at Year-End Costs Date 12/31/2024 12/31/2025 12/31/2026 $ 477,000 520,800 536,900 Required: Cost Index 1.06 1.12 1.18 Calculate the company's ending inventory for 2024, 2025, and 2026. Inventory Layers Converted to Base Year Cost Inventory Layers Converted to Cost Inventory DVL Cost Date Inventory at Year-End Cost Year-End Cost Index 01/01/2024 12/31/2024 Inventory Layers at Base Year Cost Inventory Year-End Layers at Base Cost Year Cost Index Inventory Layers Converted to Cost = = Base = $ 0 Base = 2024 $ 0 12/31/2025 = Base = 2024 2025 $ 0 12/31/2026 = Base 2024 2025 = 2026 $ 0