Mary's Co is a local specialized drinkware seller. The owner keeps inventory record in a special method that is suitable to the business. At the end of the year, the owner of FakeArt counts inventory and the accountant makes an adjustment to make FakeArt compliant with the Dollar-Value-LIFO Inventory Valuation method. The owner and the accountant got into a disagreement this year and the owner comes to you, a new accountant in town and asks you to help him with the DVL adjustment. Based on the information below, answer questions 11-13:

Ending Inventory Price Index 12/31/2018 88,000 100

12/31/2019 95,000 110

12/31/2020 108,000 115

12/31/2021 116,000 125

12/31/2022 130,000 140

What is the allowance to reduce the inventory to LIFO for year 2018?

8,636 8,800 4,318

What is the additional layer in year 2019 and 2020?

2019 2020

NONE 7,549

7 ,549 8,682

7,402 7,549

7,402 8,682

What is the allowance to reduce the inventory to LIFO for year 2020?

8,636 8,800

4,318 9,280