Crypto Company adopted the dollar-value LIFO inventory method on December 31, 2020. In applying the LIFO method, Crypto uses internal cost indexes. The following data is available for year-end inventory at current year-end prices for the three years following the adoption of LIFO:

Year	At Year-End Prices	Cost Index
12/31/2020	$309,000	1.00
12/31/2021	$341,320	1.06
12/31/2022	$352,575	1.15
12/31/2023	$433,180	1.21

Under the dollar-value LIFO method, compute the dollar-value LIFO inventory for the four years and calculate the LIFO reserve, and provide the journal entry for the year 2023 for recording the LIFO reserve.