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Exercise 8-26 (Algo) Dollar-value LIFO [LO8-8] On January 1, 2021, the Haskins Company adopted the dollar-value LIFO method for its one inventory pool. The pool's

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Exercise 8-26 (Algo) Dollar-value LIFO [LO8-8] On January 1, 2021, the Haskins Company adopted the dollar-value LIFO method for its one inventory pool. The pool's value on this date was $730,000. The 2021 and 2022 ending Inventory valued at year-end costs were $767000 and $810,000, respectively. The appropriate cost indexes are 104 for 2021 and 108 for 2022 Required: Complete the below table to calculate the inventory value at the end of 2021 and 2022 using the dollar-value LIFO method. (Round "Year end cost Index to 2 decimal places. Round other final answer values to the nearest whole dollars.) Inventory Layers Converted to Ease Year Cost Inventory Layers Converted to Cost Inventory DVL Cost Date Inventory at Year-End Cost Year-End Cost Index Inventory Layers at Base Year Cost Inventory Layers at Base Year Cost Year End Cost Index Inventory Layers Converted to Cost Base 01/01/2021 12/31/2021 Base 2021 12/31/2022 Base 2021 2022

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