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Mercury Company has only one inventory pool. On December 31, 2018, Mercury adopted the dollar-value LIFO inventory method. The inventory on that date using the

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Mercury Company has only one inventory pool. On December 31, 2018, Mercury adopted the dollar-value LIFO inventory method. The inventory on that date using the dollar-value LIFO method was $217,000. Inventory data are as follows Year 2019 2020 2021 Ending Inventory at Year-End Costs $266,700 357,650 361,200 Ending Inventory at Base Year Costs $254,000 311,000 301,000 Required: Compute the inventory at December 31, 2019, 2020, and 2021, using the dollar-value LIFO method. (Round "Year end cost index" to 2 decimal places.) Ending Inventory DVL Cost Inventory Layers Converted to Base Year Cost Inventory Layers at Base Year Cost Inventory Layers Converted to Cost Inventory Year Cost Inventory Layers Year-End Cost Index Year-End Inventory at Year- End Cost Cost = | Converted to Index Date Layers at Base Cost Base Base 2019 Base 2019 2020 Base 2019 2020 12/31/2018 12/31/2019 12/31/2020 12/31/2021

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