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 $208,000. Inventory data are as follows: Year 2022 2023 2024 Ending Inventory at Year-End Costs $247,800 326,600 328,800 Ending Inventory at Base Year Costs $236,000 284,000 274,000 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 Date Inventory at Year-End Cost Year- End Cost Index 1.00 1.05 Inventory Layers at Base Year Cost $ 208,000Base $ 236,000 Base 2022 Inventory Year- Layers at End Base Year Cost Cost Index $ 208,000 1.0 $ 208,000 x 1.0 $ 28,000 1.05 Inventory Layers Converted to Cost $ 208,000 $ 208,000 $ 208,000 $ 1$ 29,400 $ $ 237,400 = 12/31/2021 12/31/2022 $ 208,000 $ 247,800 - = = = 12/31/2023 $ 326,600 + 1.15 = 1 $ $ 284,000 Base 2022 $ 208,000 208,000 1.0 $ 28,000 1.05 $ 48,000 1.15 $ 208,000 29,400 55,200 $ 292.600 2023 1$ 12/31/2024 $ 328,800 -1.2 = $ = = 274,000 Base 2022 2023 2024 $ 208,000 208,000 1.0 $ 28,000 1.05 $ 48,000 X 1.15 $ (10,000) X 1.2 $ 208,000 $ 29,400 $ 55,200 > $ (12,000) $ 280,600 = X =