The dollar-value LIFO method was adopted by Sheffield Corp. on January 1, 2020. Its inventory on that date was $334,100. On December 31 , 2020, the inventory at prices existing on that date amounted to $313,600. The price level at January 1,2020 , was 100 , and the price level at December 31,2020 , was 112 . (a) Compute the amount of the inventory at December 31, 2020, under the dollar-value LIFO method. Inventory 12/31/20 under dollar-value LIFO method $ (b) On December 31, 2021, the inventory at prices existing on that date was $349,025, and the price level was 115 . Compute the inventory on that date under the dollar-value LIFO method. Inventory 12/31/21 under dollar-value LIFO method $