Question: On January 1 , 2 0 2 4 , a company adopted the dollar - value LIFO inventory method. The inventory value for its one

On January 1,2024, a company adopted the dollar-value LIFO inventory method. The inventory value for its one inventory pool on this date was $265,000. An internally generated cost index is used to convert ending inventory to base year. Year-end inventories at year-end costs and cost indexes for its one inventory pool were as follows: Year Ended December 31 Inventory Year-End Costs Cost Index (Relative to Base Year)2024 $ 345,0501.032025355,2401.072026401,7601.082027429,5701.11 Required: Calculate inventory amounts at the end of each year. Note: Round intermediate calculations and final answers to the nearest whole dollars.

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