On January 1, 2017, Ayayai Wholesalers Inc. adopted the dollar-value LIFO inventory method for income tax and external financial reporting purposes. However, Ayayai continued to use the FIFO inventory method for internal accounting and management purposes. In applying the LIFO method, Ayayai uses internal conversion price indexes and the multiple pools approach under which substantially identical inventory items are grouped into LIFO inventory pools. The following data were available for inventory pool no. 1, which comprises products A and B, for the 2 years following the adoption of LIFO.

		FIFO Basis per Records
		Units		Unit Cost		Total Cost
Inventory, 1/1/17
Product A		11,700		$43		$503,100
Product B		10,700		36		385,200
						$888,300
Inventory, 12/31/17
Product A		18,700		51		$953,700
Product B		10,700		37		395,900
						$1,349,600
Inventory, 12/31/18
Product A		14,700		57		$837,900
Product B		11,700		45		526,500
						$1,364,400

Compute the internal conversion price indexes for 2017 and 2018. (Round price index to 0 decimal places, e.g. 162.)

		2017		2018
Conversion price index

Compute the inventory amounts at December 31, 2017 and 2018, using the dollar-value LIFO inventory method. (Round answers to 0 decimal places, e.g. 5,620.)

		2017		2018
Inventory		$		$

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