On January 1, 2018, Toups Inc. changed from FIFO to LIFO for income tax and external reporting purposes. At that date, the beginning FIFO inventory was $75,000. See the following information from Toups's records. Year 2018 Ending Inventory at FIFO Index $ 75,000 1.00 2019 88,000 1.10 2020 100,000 1.15 2021 75,000 1.20 2022 88,000 1.25 3e. Write the necessary adjusting entries to adjust the LIFO Reserve for each year