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Aber Company manufactures one product. On December 31, 2016, Aber adopted the dollar-value LIFO inventory method. The inventory on that date using the dollar-value LIFO

Aber Company manufactures one product. On December 31, 2016, Aber adopted the dollar-value LIFO inventory method. The inventory on that date using the dollar-value LIFO inventory method was $900,000. Inventory data are as follows:

Year

Inventory at year-end prices

Price index (base year 2016)

2017

$1,260,000

1.05

2018

1,840,000

1.15

2019

1,900,000

1.25

Compute the inventory at December 31, 2017, 2018, and 2019, using the dollar-value LIFO method for each year.

Inventory at December 31, 2017 Inventory at December 31, 2018 Inventory at December 31, 2019 $ $ $

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