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

On January 1,2024, a company adopted the dollar-value LIFO method. The inventory value for its one inventory pool on this date was $460,000. Inventory data for 2024 through 2026 are as follows:
\table[[Date,\table[[Ending Inventory at],[Year-End Costs]],],[1231?2024,$494,400,Cost Index],[1231?2025,569,250,1.03],[1231?2026,586,850,1.21]]
Required:
Calculate the company's ending inventory for 2024,2025, and 2026.
\table[[Date,Inventory Layers Converted to Base Year Cost,Inventory Layers Converted to Cost,\table[[Inventory DVL],[Cost]]],[\table[[Inventory at],[Year-End],[Cost]],\table[[Year-End],[Cost],[Index]],,\table[[Inventory],[Layers at],[Base Year],[Cost]],,\table[[Inventory],[Layers at Base],[Year Cost]],\table[[Year-End],[Cost],[Index]],=,\table[[Inventory],[Layers],[Converted to],[Cost]],,],[01/01/2024,=,,=,,Base,,,=,,$,0],[12/31/2024,,,=,,Base,,,=,,,],[,,,,2024,,,=,,$,0],[1231?2025,,,=,,Base,,,=,,,],[,,,,2024,,,=,,,],[,,,,2025,,,=,,$,0],[12/31/2026,,,=,,Base,,,=,,,],[,,,,2024,,,=,,,],[,-,,,2025,,,=,,,],[,,,,2026,,,=,,$,0]]
 On January 1,2024, a company adopted the dollar-value LIFO method. The

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