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 $380,000. Inventory data for 2021 through 2023 are as follows: Ending Inventory Date at Year-End Costs Cost Index 12/31/2021 $432, 000 1. 08 12/31/2022 473, 100 1. 14 12/31/2023 502, 200 1. 24 Required: Calculate Taylor's ending inventory for 2021, 2022, and 2023. Inventory Layers Converted to Cost Inventory Inventory Layers Converted to Base Year Cost DVL Cost Year- Inventory Inventory Year- Inventory Inventory End Layers at Layers at End Layers Date at Year- Cost Base Year Base Year Cost Converted End Cost Index Cost Cost Index to Cost 01/01/2021 $ 380,000 + 1.00 V = $ 380,000 Base $ 380,000 x 1.00 = $ 380,000 $ 380,000 12/31/2021 $ 432,000 + 1.08 VE $ 400,000 Base $ 380,000 x 1.00 V E 380,000 2021 $ 20,000 * V 1.08 = 21,600 $ 401,600 12/31/2022 $ 473, 100 + 1.14 = $ 415,000 Base $ 380,000 * 1.00 V = $ 380,000 2021 20,000 XV 1.08 V = 21,600 1.14 V CA 2022 $ 15,000 XV 17,100 $ 418,700 12/31/2023 $ 502,200 + 1.24 = $ 405,000 Base $ 380,000 X V 1.00 = $ 380,000 2021 20,000 x 1.08 = 21,600 2022 $ 10,000 X X V 1.14 $ 14,000 X 2023 X $ 415,600 *Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted