the Consumer Price Index (CPI), to adjust for changes in the cost level. On January 1,2021 , the CPI was 240 . On December 31,2021 , inventory valued at year-end costs was $880,000 and the CPI was 264 . On December 31, 2021, inventory valued at year-end costs was $880,000 and the CPI was 264. Required Calculate the inventory value at the end of 2021 using the dollar-value LIFO method