A company was formed in 2012. On December 31, 2012 the ending inventory value was $300,000. Dollar-value LIFO was adopted in 2012. The following information is available for the following years regarding year-end inventories valued at FIFO:

Year Ending inventory at FIFO value Price index

2013 $321,360 103

2014 324,450 105

2015 342,400 107

Compute the ending inventory value for Dollar-value LIFO for each year. Also, determine the ending value of the Allowance to Adjust Inventory to LIFO account (LIFO Reserve) for each year.