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Mets Company adopted the dollar-value LIFO inventory method at December 31, 2017 The inventory on that date using the dollar-value LIFO inventory method was $240,000.Inventory

Mets Company adopted the dollar-value LIFO inventory method at December 31, 2017 The inventory on that date using the dollar-value LIFO inventory method was $240,000.Inventory data are as follows:

Inventory atPrice index

Yearyear-end prices(base year 2016)

2017$240,0001.00

2018275,0001.10

2019300,0001.20

Compute the inventory at December 31, 2018, and 2019, using the dollar-value LIFO method for each year.

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