On January 1, 2018, Jacob Marley Company adopted the dollar-value LIFO method for its inventory. The inventory value on this date was $590 million. The December 31, 2018 and 2019 ending inventory valued at year-end costs were $702 million and $810 million, respectively. The appropriate cost indexes are 1.08 for 12/31/2018 and 1.20 for 12/31/2019.

Using the dollar-value LIFO method, ending inventory on Jacob Marley's balance sheet at December 31, 2018 is:

Using the dollar-value LIFO method, ending inventory on Jacob Marley's balance sheet at December 31, 2019 is: