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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

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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 $200,000. Inventory data are as follows: Ending Inventory at Ending Inventory at Year Year-End Costs Base Year Costs 2022 $231, 000 $220,000 2023 299, 000 260, 000 2024 300, 000 250, 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.)Inventory Layers Converted to Base Year Cost Inventory Layers Converted to Cost Inventory DVL Cost Inventory Year-End Inventory Layers at Inventory Year-End Inventory Date at Year- Cost Layers End Cost Index Base Year Layers at Base Cost Cost Year Cost Index Converted to Cost 12/31/2021 = Base 12/31/2022 = Base S 2022 12/31/2023 S Base S 2022 S 2023 12/31/2024 Base S 2022 2023 S 2024 =

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