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Exercise 8-26 (Algo) Dollar-value LIFO [LO8-8] On January 1, 2024, a Company adopted the dollar-value LIFO method for its one inventory pool. The pool's value

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Exercise 8-26 (Algo) Dollar-value LIFO [LO8-8] On January 1, 2024, a Company adopted the dollar-value LIFO method for its one inventory pool. The pool's value on this date was $670,000. The 2024 and 2025 ending inventory valued at year-end costs were $714,000 and $795,000, respectively. The appropriate cost indexes are 1.05 for 2024 and 1.06 for 2025 . Required: Complete the below table to calculate the inventory value at the end of 2024 and 2025 using the dollar-value LIFO method. Note: Round "Year end cost index" to 2 decimal places. Round other final answer values to the nearest whole dollars

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