On January $1,2019,$ Life Lifey adopted the Dollar$-$Value Inventory method. Life Lifey entire inventory constitutes a single pool. Inventory Data for $2019$ and $2020$ are as follows:$-$

Life Lifey

Date Inv. At Current Inv.At Based Date

Year Cost Year Cost

$1/01/19`$ $$250,000$ $$250,000$

$12/31/19$ $$300,000$ $$275,000$

$12/31/20$ $$350,000$ $$325,000$

$1.$ What is Price Index for each year, $2.$ What is the Dollar Value LIFO inventory value at Dec. $31,2020?$