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 $420,000. 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 $448,800 505,050 534,000 Cost Index 1.02 1.11 1.20 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 Inventory at Year-End Cost Date 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 = $ 0 01/01/2021 12/31/2021 = Base Base 2021 = = $ 0 12/31/2022 = Base = = 2021 2022 S 0 12/31/2023 Base 2021 2022 = 2023 $ 0