Problem 8-13 (Algo) Dollar-value LIFO (LO8-8] 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 $340,000. Inventory data for 2021 through 2023 are as follows: Date 12/31/2021 12/31/2022 12/31/2023 Ending Inventory at Year-End Costs $378,000 427,500 445,300 Cost Index 1.05 1.14 1.22 Required: Calculate Taylor's ending inventory for 2021, 2022, and 2023. Inventory Layers Converted to Base Year Cost Inventory Layers Converted to Cost Inventory DVL Cost Date Inventory at Year-End Cost Year-End Cost Index Inventory Layers at Base Year Cost Inventory Layers at Base Year Cost Year-End Cost Index Inventory Layers Converted to Cost 01/01/2021 = Base 12/31/2021 = Base = 2021 12/31/2022 = Base 2021 2022 12/31/2023 Base 2021 2022 = 2023