On January 1, year 1, Flip Company adopted the dollar-value LIFO inventory method. Flip's entire inventory constitutes a single pool. Inventory data for year 1 and year 2 are as follows: Date Inventory at current year cost Inventory at base year cost Relevant price index 1/1/Y1 $150,000 $150,000 1.00 12/31/Y1 220,000 200,00 1.10 12/31/Y2 276,000 230,000 1.20 Flip's LIFO inventory value at December 31, year 2, is