Chapter 8 Assessment On January 1, 2021, the National Furniture Company adopted the dollar-value LIFO method of computing inventory. An internal cost index is used to convert ending inventory to base year. Inventory on January 1 was $220,000. Year-end inventories at year-end costs and cost indexes for its one inventory pool were as follows: 1 Cost Index (Relative to Base Year) Inventory at Year-end Year Ended December 31 Costs $302,400 364,800 368,000 1.e8 2021 2822 2023 0028 41 1.12 1.15 Required: Compute inventory amounts at the end of each year using the dollar-value LIFO method Ending Date Inventory DVL Cost 12/312021 12/31/2022 12/31/2023