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1 Question 123 points Mason Co. adopted the dollar value LIFO method of reventory austion to compute Its ending inventory Information regarding Inventory for subsequent

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1 Question 123 points Mason Co. adopted the dollar value LIFO method of reventory austion to compute Its ending inventory Information regarding Inventory for subsequent years is follows: Inventory at Current Date Current Prices Price Index December 31, 2019 $ 110,000 100 December 31, 2020 128,400 107 December 31, 2021 145.000 125 What is the cost of the ending inventory at December 31, 2021 under dollar value LIFO? $116,000 $ 194,133 $ 115,700 O$ 116,420

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