On January 1, 2018, the National Furniture Company adopted the dollar-value LIFO method of computing inventory. An internal cost index is used to convert ending inventory to base year. Inventory on January 1 was $200,000. Year-end inventories at year-end costs and cost indexes for its one inventory pool were as follows:

Inventory at Cost Index

Year Ended Year-end (Relative to

December 31 Costs Base Year)

2018 $259,200 1.08

2019 296,800 1.12

2020 299,000 1.15

Required:

Compute inventory amounts at the end of each year, including January 1, 2018.