On January 1, 2021, Avondale Lumber adopted the dollar-value LIFO inventory method. The inventory value for its one inventory pool on this date was $360,000. An internally generated cost index is used to convert ending inventory to base year. Year-end inventories at year-end costs and cost indexes for its one inventory pool were as follows: Inventory Year Ended December 31 2021 Year-End Costs Cost Index (Relative to Base Year) $451,140 1.03 2022 464,380 1.07 2023 2024 523,800 1.08 565,545 1.11 Required: Calculate inventory amounts at the end of each year. (Round intermediate calculations and final answers to the nearest whole dollars.) Date Cost Index Inventory Layers at Base Year Cost Inventory Layers Converted to Base Year Cost Inventory at Year-End Year-End Cost Inventory Layers Converted to Cost Inventory DVL Cost Inventory Year-End Inventory Layers at Base Cost Year Cost Layers Converted to Index Cost 01/01/2021 $ 360,000 1.00 = $ 360,000 Base $ 360,000 1.00 $ 360,000 $ 360,000 12/31/2021 $ 451,140 1.03 = $ 438,000 Base $ 2021 $ 360,000 1.00 = $ 360,000 78,000 1.03 = $ 80,340 $ 440,340 12/31/2022 $ 464,380 1.07 = $ 434,000 Base $ 2021 $ 2022 $ 360,000 1.00 74,000 1.03 = $ 360,000 = $ 0 = 6969 76,220 $ 0 $ 436,220 12/31/2023 $ 523,800 1.08 485,000 Base $ 2021 $ 2022 $ 360,000 1.00 74,000 1.03 69 $ 360,000 = $ 76,220 0 = $ 0 2023 1.08 = $ 436,220 12/31/2024 $ 565,545 1.11 = 69 $ 509,500 Base $ 2021 $ 2022 $ 360,000 1.00 74,000 1.03 = $ 69 = 0 = 69 69 $ 2023 1.08 2024 1.11 360,000 76,220 0 436,220