Bond Company adopted the dollar-value LIFO inventory method on January 1, 2021. In applying the LIFO method, Bond uses internal cost indexes and the multiple-pools approach. The following data were available for Inventory Pool No. 3 for the two years following the adoption of LIFO:

	Ending Inventory
Year	At Year-End				At Base Year Cost				Cost Index
1/1/2021	$	308,000			$	308,000				1.00
12/31/2021		352,620				326,500				1.08
12/31/2022		431,730				351,000				1.23

Under the dollar-value LIFO method, the inventory at December 31, 2022, should be

Multiple Choice

• $358,115.

• $351,000.

• $352,480.

• 

Bond Company adopted the dollar-value LIFO Inventory method on January 1, 2021. In applying the LIFO method. Bond uses Internal cost Indexes and the multiple-pools approach. The following data were available for Inventory Pool No. 3 for the two years following the adoption of LIFO: Ending Inventory At Year- At Base Cost Year End Year Cost Index 1/1/2021 $308,000 $308,000 1.ee 12/31/2021 352,620 326,500 1.88 12/31/2022 431,730 351,080 1.23 Under the dollar-value LIFO method, the inventory at December 31, 2022 should be Multiple Choice $359,115. O $351.000. $352,490