Chapter 8 Exercises Saved Help Save & Exit Submit Check my work 11 Mercury Company has only one inventory pool. On December 31, 2021, Mercury adopted the dollar-value LIFO inventory method. The inventory on that date using the dollar-value LIFO method was $201,000. Inventory data are as follows: 1 points Year 2022 2023 2024 Ending Inventory at Year-End Costs $ 233, 100 302,450 303,600 Ending Inventory at Base Year Costs $222,000 263,000 253,000 02:00:25 Required: Compute the inventory at December 31, 2022, 2023, and 2024, using the dollar-value LIFO method. (Round "Year end cost index" to 2 decimal places.) eBook Print References Inventory Layers Converted to Base Year Cost Inventory Layers Converted to Cost Inventory DVL Cost Year-End Date Inventory at Year-End Cost Cost Inventory Layers at Base Year Cost Inventory Layers at Base Year Cost Year-End Cost Index Inventory Layers Converted to Cost Index $ 0 12/31/2021 12/31/2022 Base Base 2022 $ 0 Inventory Layers Converted to Base Year Cost Inventory Layers Converted to Cost Inventory DVL Cost Date Inventory at Year-End Cost Year-End Cost Index Inventory Layers at Base Year Cost Inventory Layers at Base Year Cost Year-End Cost Index Inventory Layers Converted to Cost $ 0 12/31/2021 12/31/2022 Base Base 2022 II 11 0 12/31/2023 II Base 2022 2023 0 12/31/2024 Base 2022 2023 2024 0