At the beginning of 2021, a company adopts the dollar-value LIFO inventory method for its one inventory pool. The pool's value on that date was $1,200,000. The 2021 ending inventory valued at year-end costs was $1,498,000 and the year-end cost index was 1.07. Calculate the inventory value at the end of 2021 using the dollar-value LIFO method. Inventory DVL Cost Inventory Layers converted to Base Year Cost Year-end Inventory Inventory at cost Layers at year-end cost Base Year index Cost Date Inventory Layers converted to Cost Inventory Year-end Inventory Layers at Base cost Layers Year Cost Index Converted to Cost Base 01/01/2021 12/31/2021 Base 2021