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Check my work On January 1, 2018, the Taylor Company adopted the dollar-value LIFO method. The inventory value for its one inventory pool on this date was $340,000. Inventory data for 2018 through 2020 are as follows: Ending Inventory Date at Year-End Costs Cost Index 12/31/2018 $378 , 000 1. 05 12/31/2019 427, 500 1. 14 12/31/2020 445, 300 1. 22 Required: Calculate Taylor's ending inventory for 2018, 2019, and 2020. Ending Inventory Layers Converted to Base Year Cost Inventory Layers Converted to Cost Inventory DVL Cost Inventory Year-End Inventory Layers at Inventory Year-End Inventory Date at Year- Cost Index Base Year Layers at Base Cost Layers End Cost Index Converted to Cost Year Cost Cost 01/01/2018 $ 340,000 Base O O 2:46 PM