Response to the following problem:
On January 1 of Year 1, Dorso Company adopted the dollar-value LIFO method of inventory costing. Dorso's December 31 ending inventory records are as follows:
Year 1: Current cost, $20,000; Index, 100
Year 2: Current cost, $33,600; Index, 120
Using the dollar-value LIFO method, compute Dorso Company's December 31 ending inventory for Year 2.