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On January 1. 2016. the Delbridge Company adopted the dollar-value LIFO method for its one inventory pool. The pool's value on this date was $832,000.

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On January 1. 2016. the Delbridge Company adopted the dollar-value LIFO method for its one inventory pool. The pool's value on this date was $832,000. The 2016 and 2017 ending inventory valued at year-end costs were $954,000 and $975,000, respectively. The appropriate cost indexes are 1.02 for 2016 and 1.05 for 2017. Calculate the inventory value at the end of 2016 and 2017 using the dollar-value LIFO method

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