Belstock Company manufactures one product. On December 31, 2018, Belstock adopted the dollar-value LIFO inventory method. The inventory on that date using the dollar value LIFO inventory method was $200,000. Inventory data for succeeding years are as follows:

Required:
Compute the ending inventory using the dollar-value LIFO method for 2019, 2020, and 2021.

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Inventory at Respective Year-End Prices Price Index (Base Year 2018) 1.05 Year 2019 $231,000 2020 2021 1.15 1.20 299,000 300,000