Lewis Company adopted the dollar-value LIFO method of inventory valuation on 12/31/18. Its inventory at that date was $320,000 and the relevant price index was 100.

What will Lewis report as inventory at the end of 2019, 2020, 2021, and 2022 using dollar-value LIFO?

Date	Inv at current price	current price index	inv at base level price
12/31/19	338,000	104	325,000
12/31/20	371,000	106	350,000
12/31/21	372,600	108	345,000
12/31/22	381,500	109	350,000