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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

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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 $213.000. Inventory data are as follows: 2022 Ending Inventory at Year-End Costs $250, 300 343,850 346,800 Ending Inventory at Base Year Costs 5246,000 299,000 289,000 2024 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 DVI Cost Year End Date Year-End Cost Index Inventory at Year End Cost Inventory Layers Inventory Layers at Base Year Cost Inventory Layers at Base Year Cost Cost Converted to Index Cost Base 12/31/2021 12/31/2022 12/31/2023 requirea 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 Triventory Layers Converted to Cost Inventory DVL Cost Year-End Cost Inventory at Year-End Cost Inventory Layers at Base Date Inventory Layers at Base Year Cost Year End Cost Inventory Layers Converted to Cost 12/ 31/2021 12/31/2022 Base 12/31/2023 12/31/2024

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