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Chapter 8 Homework i Saved Help Save & Exit Submit 4 Mercury Company has only one inventory pool. On December 31, 2021, Mercury adopted the dollar-value LIFO inventory method. The inventory on that date using the dollar-value LIFO method was $202,000. Inventory data are as follows: Ending Inventory at Year Ending Inventory at Year-End Costs Base Year Costs 2022 $235 , 200 $224, 000 4 202: 305, 900 266, 000 points 2024 307, 200 256 , 000 Required: Compute the inventory at December 31, 2022, 2023, and 2024, using the dollar-value LIFO method. (Round "Year end cost index" to eBook 2 decimal places.) Print Inventory Layers Converted to Base Year Cost Inventory Layers Converted to Cost Inventory DVL Cost Year-End Inventory Inventory Year-End Inventory References Date Inventory at Year-End Cost Cost Layers at Base Layers at Base Cost Layers Index Year Cost Year Cost Index Converted to Cost 12/31/2021 Base = $ 0 12/31/2022 = Base 2022 $ 0 12/31/2023 Base 2022 2023 $ 0 12/31/2024 Base 11 2022 2023 11 2024 $ 0 Mc Graw Hill Education