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Problem 8 - 1 4 ( Algo ) Dollar - value LIFO [ LO 8 - 8 ] A company uses the dollar - value

Problem 8-14(Algo) Dollar-value LIFO [LO8-8]
A company uses the dollar-value LIFO method of computing inventory. An external price index is used to convert ending inventory to
base year. The company began operations on January 1,2024, with an inventory of $255,000. Year-end inventories at year-end costs
and cost indexes for its one inventory pool were as follows:
Required:
Calculate inventory amounts at the end of each year.
Note: Round intermediate calculations and final answers to the nearest whole dollars.
Answer is complete but not entirely correct.
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