Earnest Incorporated adopted the dollar-value LIFO method last year. Last year's ending inventory was $53,700 with a price index of 1.0. The ending inventory for the current year at year-end (FIFO) costs is $99,000 and the price index is 1.1. Based on this information, compute Eamest's ending Inventory for the current year on a dollar-value LIFO basis Compute Eamest's ending inventory for the current year on a dollar-value LIFO basis. (Use the price index amount to one decimal place as given in the information, XX.) Last year layer Current year layer Ending inventory under dollar-value LIFO Current year