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22. (3 points) Diane makes one product. Diana adopted the dollar- value LIFO inventory method on 12-31-15. Her ending inventory at 12-31-15 was $35,000. Additional

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22. (3 points) Diane makes one product. Diana adopted the dollar- value LIFO inventory method on 12-31-15. Her ending inventory at 12-31-15 was $35,000. Additional inventory data follows: Inventory at Price index Cost of goods manufactured Year year-end prices (base year 2012). during the year 2016 2017 2018 $36,432 $34,371 $38,110 1.012 1.026 1.030 $172,000 $195,000 $208,000 Compute the inventory at December 31, 2016, 2017 and 2018 AND the cost of goods sold for each year assuming Diane uses the dollar-value LIFO method for each year

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