Which of the following is a false statement pertaining to dollar-value LIFO? It includes an estimate of the change in inventory price levels. Reported inventory amounts will be higher than the regular LIFO method in a falling price environment. To derive the dollar-value LIFO inventory layer added, the price index is multiplied by the LIFO inventory layer base-year cost. The computation of the price index includes a base-year ending inventory cost in the denominator