Question 18 or the honor code. 4 pts Based on the information below, please answer Question 17 and Question 18: On January 1, 2018, Empire, Inc. adopted the dollar-value LIFO method of computing inventory. An internal cost index is used to convert ending inventory to base year. Inventory on January 1 was $350,000. Year-end inventories at year-end costs and cost indexes for its one inventory pool were as follows: Year Ended December 31 2018 2019 2020 Inventory at Year-end Costs Cost Index (Relative to Base Year) $383,250 1.05 D 419,650 1.09 427,500 1.14 REQUIRED: Calculate the ending balance for Inventory for the year ended December 31, 2020. Show all work and clearly highlight your final answer.