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On January 1, 2021, the Taylor Company adopted the dollar-value LIFO method. The inventory value for its one inventory pool on this date was $400.000.
On January 1, 2021, the Taylor Company adopted the dollar-value LIFO method. The inventory value for its one inventory pool on this date was $400.000. Inventory data for 2021 through 2023 are as follows: Ending Inventor Date at Year-End Costs Cost Index 12/31/2021 $441,000 1.05 12/31/2022 487,200 1.12 12/31/2023 510,000 1.20 Required: Calculate Taylor's ending inventory for 2021 2022 and 2023
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