Pharoah Company manufactures one product. On December 31, 2019, Pharoah adopted the dollar-value LIFO inventory method. The inventory on that date using the dollar-value LIFO inventory method was $1,050,000. Inventory data are as follows: Year Inventory at year-end prices Price index (base year 2019)
2020 $1,285,200 1.05
2021 1,817,000 1.15
2022 1,955,000 1.25

Required:
Compute the inventory at December 31, 2020, 2021, and 2022, using the dollar-value LIFO method for each year.