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Mercury Company has only one inventory pool. On December 31, 2021, Mercury adopted the dollar-value LIFO inventory method. The inventory on that date using the dollar-value LIFO method was $216,000. Inventory data are as follows: Year 2022 2023 2024 Ending Inventory at Year-End Costs $264,600 354,200 357,600 Date Required: Compute the inventory at December 31, 2022, 2023, and 2024, using the dollar-value LIFO method. (Round "Year end cost index" to 2 decimal places.) 12/31/2021 12/31/2022 Ending Inventory at Base Year Costs $252,000 308,000 298,000 Inventory Layers Converted to Base Year Cost Inventory at Year-End Cost Year-End Cost Index = Inventory Layers at Base Year Cost Base Base Inventory Layers Converted to Cost Inventory Layers at Base Year Cost Year-End Cost Index = = Inventory Layers Converted to Cost Inventory DVL Cost $ 4 0

Mercury Company has only one inventory pool. On December 31,2021, Mercury adopted the dollar-value LIFO inventory method. The inventory on that date using the dollar-value LIFO method was $216,000. Inventory data are as follows: Required: Compute the inventory at December 31, 2022, 2023, and 2024, using the dollar-value LIFO method. (Round "Year end cost index" to 2 decimal places.) Inventory Layers Converted to Base Year Cost Inventory Layers Converted to Cost Year-End Cost Index 12/31/2021 12/31/2022 12/31/2023 12/34/2024 Imventory at Year-End cost Inventory Layers at Base Year Cost =7 = = = \begin{tabular}{|c|c|c|} \hline InventoryLayersatBaseYearCost & Year-EndCostIndex \\ \hline Base & & \\ \hline Base & & \\ \hline 2022 & & \\ \hline \end{tabular} Baso 2022 2023 Base 2022 2023 2024 Inventory OVL Cost Inventory Layers Converted to = Cost = = = = = $ 0 $0 $ = 50

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