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On January 1, 2024, a Company adopted the dollar-value LIFO method for its one inventory pool. The pool's value on this date wa $760,000. The
On January 1, 2024, a Company adopted the dollar-value LIFO method for its one inventory pool. The pool's value on this date wa $760,000. The 2024 and 2025 ending inventory valued at year-end costs were $806,000 and $891,000, respectively. The appropriate cost indexes are 1.04 for 2024 and 1.08 for 2025 . Required: Complete the below table to calculate the inventory value at the end of 2024 and 2025 using the dollar-value LIFO method. Note: Round "Year end cost index" to 2 decimal places. Round other final answer values to the nearest whole dollars. \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|} \hline & \multicolumn{4}{|c|}{ Inventory Layers Converted to Base Year Cost } & \multicolumn{5}{|c|}{ Inventory Layers Converted to Cost } & \multicolumn{2}{|c|}{\begin{tabular}{l} Inventory \\ DVL Cost \end{tabular}} \\ \hline Date & \begin{tabular}{c} Inventory at \\ Year-End \\ Cost \end{tabular} & \begin{tabular}{c} Year-End \\ Cost \\ Index \end{tabular} & & \begin{tabular}{c} Inventory \\ Layers at \\ Base Year \\ Cost \end{tabular} & & \begin{tabular}{c} Inventory \\ Layers at Base \\ Year Cost \end{tabular} & \begin{tabular}{l} Year-End \\ Cost Index \end{tabular} & = & \begin{tabular}{c} Inventory \\ Layers \\ Converted to \\ Cost \end{tabular} & & \\ \hline 01/01/2024 & & & = & & Base & & & = & & $ & 0 \\ \hline \multirow[t]{2}{*}{12/31/2024} & & & = & & Base & & & = & & & \\ \hline & & & & & 2024 & & & = & & $ & 0 \\ \hline \multirow[t]{3}{*}{12/31/2025} & & & = & & Base & & & = & & & \\ \hline & & & & & 2024 & & & = & & & \\ \hline & & & & & 2025 & & & = & & $ & 0 \\ \hline \end{tabular}
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