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E9. Dollar-Value LIFO, No Liquidation. Joe the Grocer Markets, Inc. (JTGM) adopted the dollar-value LIFO inventory method using 2018 as the base year. JTGM uses FIFO for its internal books. Information related to its inventory is presented in the following table: Ending Inventory at End-of-Year Prices per Internal Books Year 2018 2019 2020 $ 870,000 980,000 1,050,000 Cumulative Price Index 100 102 103 Required a. b. c. Compute JTGM's ending inventory under the dollar-value LIFO method for the years 2018 through 2020 Prepare the journal entries for 2019 and 2020 to adjust inventory to the dollar-value LIFO basis. Determine the ending balance of the LIFO reserve for 2019 and 2020