Aber Company manufactures one product. On December 31, 2011, Aber adopted the dollar-value LIFO inventory method. The inventory on that date using the dollar-value LIFO inventory method was $270,000. Inventory data are as follows:

Inventory at Price index

Year year-end prices (base year 2011)

2012 $378,000 1.05

2013 552,000 1.15

2014 575,000 1.25

REQUIRED:

Compute the inventory at December 31, 2012, 2013, and 2014, using the dollar-value LIFO method for each year.