Question $1$:

Presented below is information related to JP Company.

$\backslash$table$[[$Date$,\backslash$table$[[$Ending Inventory$],[($End$-$of$-$Year Prices$)]],$Price Index$],[$December $31,$ Year $1,$$$180,000,100],[$December $31,$ Year $2,220,500,105],[$December $31,$ Year $3,218,500,115],[$December $31,$ Year $4,242,500,125],[$December $31,$ Year $5,283,500,135],[$December $31,$ Year $6,310,800,140]]$

Compute the ending inventory for JP Company for Year $1$ through Year $6$ using the dollarvalue LIFO method. Please show your work, and for each ending inventory clearly specify the layers.