Upon review of the inventory accounts, it was determined that Wyatt has been valuing inventory using Dollar Value LIFO since Year 7. However, the inventory value on the trial balance reflects FIFO. The schedule properly reflects the inventory values and price indexes for Years 7-10 as confirmed by the auditors. The trial balance does not reflect a LIFO reserve account as the company reversed the Year 9 adjusting entry at the beginning of Year 10. When making the adjustment at the end of Year 10, assume there is no balance in the LIFO reserve account. Year Year-end Inventory Value Price Index Yr 7 300,000