Bestway Co. manufactures a single product. On December 31, 2017, Bestway adopted the dollar value LIFO inventory method. The inventory on that date using the dollar-value LIFO inventory method was $55,000. (i.e. 2017 is used as the base year in determining price index) Inventory data are as follows:

Year Inventory at respective year-end/Cost prices/Price Index at Year End

2017/$55000/100

2018/$73500/105

2019/$74800/110

2020/$87580/116

Compute the inventory at December 31, 2018, 2019 and 2020 using the dollar-value LIFO method.

2018:

2019:

2020: