Required:

Calculate inventory amounts at the end of each year.

On January 1, 2013, Avondale Lumber adopted the dollar-value LIFO inventory method. The inventory value for its one inventory pool on this date was $305,000. An internally generated cost index is used to convert ending inventory to base year. Year-end inventories at year-end costs and cost indexes for its one inventory pool were as follows:

Year Ended	Inventory			Cost Index
December 31	Year-End Costs			(Relative to Base Year)
2013	$	390,660			1.02
2014		402,800			1.06
2015		457,960			1.07
2016		491,700			1.10