Presented below is information related to Maghan Company Date Ending Inventory (End-of-Year Prices) Price Ilex 12/31/2017 $ 80,000 100 12/31/2018 $ 115,500 105 12/31/2019 $ 108,000 120 12/31/2020 $ 122,200 130 12/31/2021 $ 154,000 140 12/31/2022 $ 176,900 145 Compute the ending inventory for Maghan Company for 2017 through 2022 using the dollar-value LIFO method. Show the adjusting entry needed on 12/31/2020 and on 12/31/2022