Information About the New Pace Company Is Presented Below Required:
Compute the Ending Inventory for 2015 Through 2020 Using

Essay

Information about the New Pace Company is presented below:
$$\begin{array} { | c | c | c | } \hline \text { Date } & \text { Ending Inventory } & \text { Price Index } \\\hline 12 / 31 / 2015 & \$ 160,000 & 1.00 \\\hline 12 / 31 / 2016 & \$ 231,000 & 1.05 \\\hline 12 / 31 / 2017 & \$ 216,000 & 1.20 \\\hline 12 / 31 / 2018 & \$ 247,000 & 1.30 \\\hline 12 / 31 / 2019 & \$ 308,000 & 1.40 \\\hline 12 / 31 / 2020 & \$ 248,000 & 1.42 \\\hline\end{array}$$
Required:
Compute the ending inventory for 2015 through 2020 using the dollar-value LIFO method. Round to the nearest dollar.