a. Compute the price indices used to calculate ending inventory at base year costs for Years 5,6,7, and 8 . Hint: Divide ending inventory on a FIFO basis by ending inventory at base year for each year. Note: Enter each price index rounded to two digits after the decimal; for example, enter an index of 1.42 for 1.424 or enter an index of 1.43 for 1.425. b. Compute the ending inventory on a dollar-value LIFO basis for Years 5,6,7, and 8. - In step four (restating layers of inventory into current year dollars) use rounded indices from part a. - Round final answers to the nearest whole dollar. c. Prepare the journal entry at each year-end, Year 5 through Year 8, to adjust inventory to LIFO. Please answer all parts of the question. a. Compute the price indices used to calculate ending inventory at base year costs for Years 5,6,7, and 8 . Hint: Divide ending inventory on a FIFO basis by ending inventory at base year for each year. Note: Enter each price index rounded to two digits after the decimal; for example, enter an index of 1.42 for 1.424 or enter an index of 1.43 for 1.425. b. Compute the ending inventory on a dollar-value LIFO basis for Years 5,6,7, and 8. - In step four (restating layers of inventory into current year dollars) use rounded indices from part a. - Round final answers to the nearest whole dollar. c. Prepare the journal entry at each year-end, Year 5 through Year 8, to adjust inventory to LIFO. Please answer all parts of the