Computing and Recording Ending Inventory using Dollar-Value LIFO On January 1 of Year 5. Crow Company changed from FFO to LIFO for income tax and external reporting purposes. On that same date, the beginning FFFO inventory purposes) was $266,000. The following information is available from Crow's records for Year 5 through Year 8 a. Compute the price indices used to caiculate ending inventory at base year costs for Years 5,6,7, and 8 . Hint: Divide ending inventory on a FiFO basis by ending imvent yeat. Note: Enter each price index rounded to two digits after the decimal, for example, enter an index of 1.42 for 1.424 or enter an index of 1.43 for 1.425 . b Compute the encing inventory on a dollar-value UFo basis for Years 5. 6, 7 , and 8 - In step four (restating layers of imventory into current year dollars) use rounded indices from part al. - Round finat anowers to the nearest whole dollar