Taras Treasures has a wide variety of classis Jewelry items. Recently, the company decided to value its inventory using Dollar-Value LIFO. You are provided with the following information regarding her Jewelry:

Date End of Year INV Prices Price Index

Dec 31, 2017 $80,000 100%

Dec 31, 2018 $111,300 105%

Dec 31, 2019 $108,000 120%

Dec 31, 2020 $128,700 130%

Dec 31, 2021 $147,000 140%

Dec 31, 2022 $174,000 140%

Required:

Compute the ending Inventory for Taras Treasures for 2017-22 using the Dollar Value LIFO Method