Dollar-Value LIFO

On January 1, 2018, Sato Company adopted the dollar-value LIFO method of inventory costing. Sato's ending inventory records appear as follows:

Year	Current Cost		Index
2018	$30,700		100
2019	44,220		120
2020	45,370		130
2021	55,440		140

This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below.

Open spreadsheet

Required:

Compute the ending inventory for the years 2018, 2019, 2020, and 2021, using the dollar-value LIFO method.

Year	Ending inventory
2018	$fill in the blank 2
2019	$fill in the blank 3
2020	$fill in the blank 4
2021	$fill in the blank 5