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I need help learning how to put this into an excel worksheet. A company uses...

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Accounting

I need help learning how to put this into an excel worksheet. A company uses the dollar-value LIFO method of computing inventory. An external price index is used to convert ending inventory to base year. The company began operations on January 1,2024, with an inventory of $150,000. Year-end inventories at year-end costs and cost indexes for its one inventory pool were as follows:
Year Ended December 31
Ending Inventory at Year-End Costs
Cost Index (Relative to Base Year)
2024
$200,000
1.08
2025
245,700
1.17
2026
235,980
1.14
2027
228,800
1.10
Required:
Calculate inventory amounts at the end of each year.

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