Bob's Repair Shop began operations on January 1, 2010. After discussing the matter with his accountant, Bob decided dollar-value LIFO should be used for inventory costing. Information concerning the inventory of Bob's Repair Shop is shown below.

Instructions: Compute the inventory value at December 31 of each year under the dollar-value LIFO inventory method, assuming incremental layers are valued using the year-end price index.

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Inventory at Year-End Prices Date Year-End Index Dec. 31, 2010 Dec. 31, 2011 Dec. 31, 2012 Dec. 31, 2013 Dec. 31, 2014 Dec. 31, 2015 $32,400 43,100 61,300 52,900 79,700 70,800 1.00 1.16 1.34 1.20 1.68 2.10