On January 1, 2009, the National Furniture Company Adopted the Dollar-Value

On January 1, 2009, the National Furniture Company 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 $200,000. Year-end inventories at year-end costs and cost indexes for its one inventory pool were as follows:
Required:
Compute inventory amounts at the end of each year.
$$\begin{array} { c c c } \begin{array} { c } \text { Year Ended } \\\text { December } 31\end{array} & \begin{array} { c } \text { Inventory at } \\\text { Year-end } \\\text { Costs }\end{array} & \begin{array} { c } \text { Cost Index } \\\text { (Relative to } \\\text { Base Year) }\end{array} \\\hline 2009 & \$ 259,200 & 1.08 \\2010 & 296,800 & 1.12 \\2011 & 299,000 & 1.15\end{array}$$