Computing Ending Inventory using Dollar$-$Value LIFO

On January $1$ of Year $5,$ Benn Company changed from FIFO to LIFO for income tax and external reporting purposes. At that date, the beginning FIFO inventory $($the base inventory for LIFO purposes$)$ was $$224,000.$ The following information is available from Benn's records for Year $5$ through Year $8.$

$\backslash$table$[[$Year$,$Ending Inventory on a FIFO Basis,Price Index$],[$Year $5,$$$264,000,1\mathrm{.}1],[$Year $6,278,400,1\mathrm{.}2],[$Year $7,322,400,1\mathrm{.}3],[$Year $8,320,000,1\mathrm{.}2]]$

Required

Compute the ending inventory on a dollar$-$value LIFO basis for Year $5,$ Year $6,$ Year $7,$ and Year $8.$

Note: Do not round until your final answer. Round your final answer to the nearest whole dollar

$\backslash$table$[[$Dollar$-$value LIFO ending inventory, Year $5,$$$,66,400x$