Computing and Recording Ending Inventory using Dollar-Value LIFO On January 1, 2020, Crow Company changed from FIFO to LIFO for income tax and external reporting purposes. On that same date, the beginning FIFO inventory (the base inventory for LIFO purposes) was $95,000. The following information is available from Crow's records for years 2020 through 2023. Ending Inventory Ending Inventory Year on a FIFO Basis at Base Year Costs 2020 $125,000 $113,600 2021 110,000 84,600 2022 115,000 85,200 2023 130,000 92,900 a. Compute the price indices used to calculate ending inventory at base year costs. Hint: Divide ending inventory on a FIFO basis by ending inventory at base year for each year. Note: Enter each price index rounded to two digits after the decimal; for example, enter an index of 1.42 for 1.424 or enter an index of 1.43 for 1.425. Year Price Index 2019 1 2020 1.11 2021 1.3 2022 1.35 2023 1.4