Mercury Company has only one inventory pool. On December 31, 2021, Mercury adopted the dollar-value LIFO inventory method. The inventory on that date using the dollar-value LIFO method was $207,000. Inventory data are as follows: Year 2022 2023 2024 Ending Inventory at Year-End Costs $ 245, 700 323, 150 325,200 Ending Inventory at Base Year Costs $234,000 281,000 271,000 Required: Compute the inventory at December 31, 2022, 2023, and 2024, using the dollar-value LIFO method. (Round "Year end cost index" to 2 decimal places.) > Answer is complete but not entirely correct. Inventory Layers Converted to Base Year Cost Inventory Layers Converted to Cost Inventory DVL Cost Year. Date Inventory at Year-End Cost End Cost Index 1.00 Inventory Layers at Base Year Cost $ 207,000Base $ 234,000Base 2022 Inventory Year- Layers at End Base Year Cost Cost Index $ 207,000 207,000 1.00 = $ 207,000 * x 1.00 $ 34,000 1.05 = Inventory Layers Converted to Cost $ 207,000 $ $ 207,000 IS 35,700 X $ 12/31/2021 $ 207,000 207,000 245,700 12/31/2022 $ 1.05 242,700 12/31/2023 $ 323,150 + 1.15 = $ $ S 281,000 Base 2022 207,000 1.00 = 34,000 x 1.05 $ IS 207,000 35,700 X 46,000 X $ 288,700 2023 $ 40.000 x 1.15 = S 12/31/2024 $ 325,200 + 1.20 = $ 271,000Base S $ 207,000 $ 34,000 $ 30,000 x 1.00 = 1.05 2022 Is 207,000 35,700 X 34,500 X 2023 x 1.15 = S 2024 = $ 277,200