Problem 8-13 (Algo) Dollar-value LIFO (LO8-8] On January 1, 2021, the Taylor Company adopted the dollar-value UFO method. The inventory value for its one inventory pool on this date was $360,000. Inventory data for 2021 through 2023 are as follows: Ending Inventory Date at. Year-End Costs Cost Index 12/31/2021 $391,400 1.03 12/31/2022 454,250 12/31/2023 477,400 1.15 1.24 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 12/31/2021 Base Base 2021 Required: Calculate Taylor's ending inventory for 2021, 2022, and 2023 Inventory Layers Converted to Base Year Cost Inventory Layers Converted to Cost Inventory DV 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 12/31/2021 Base Base 2021 12/31/2022 Base 2021 2022 1231/2023 Base 2021 2022 2023