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Kingston Company uses the dollar-value LIFO method of computing Inventory. An external price Index is...

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Kingston 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, 2018, with an Inventory of $183,000. Year-end Inventories at year-end costs and cost Indexes for its one Inventory pool were as follows: Cost Ind (Relative to Base Year) 1.05 1.18 1.15 1.11 2818 2819 $262,58e 358,460 33e,ese 27,45e Calculate Inventory amounts at the end of each year. (Round Intermedlate calculetions and final answers to the nearest whole dollers.) Ending Inventory DVL Cost Inventory Layers Converted to Base Year Cost Inventory Layers Converted to Cost Year-Encd Cost Index Inventory Layers at Base Year Cost Inventory Layers Inventory Year-End Date at Year- End Cost Layers at Base Year Cost CostConverted to Index Cost Base Base 2018 01/01/2018 12/31/2018 12/31/2019 201e 12/31/2020 2018 201 Base 2018 2012 2021 12/31/2021

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