(Answered) On january 1 2016 avondale lumber adopted the dollar-value

Accounting

On January 1, 2016, Avondale Lumber adopted the dollar-value LIFO inventory method. The inventory value for its one inventory pool on this date was $275,000. An internally generated cost index is used to convert ending inventory to base year. Year-end inventories at year-end costs and cost indexes for its one inventory pool were as follows:

Year Ended December 31	Inventory Year-End Costs		Cost Index (Relative to Base Year)
2016	$	364,350	1.05
2017		374,960	1.09
2018		424,600	1.10
2019		454,260	1.13

Required:

Calculate inventory amounts at the end of each year.

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