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3 Dollar-Value LIFO Kwestel Company adopted the dollar value LIFO method for inventory valuation at the be ginning of 2015. The following information about the
3 Dollar-Value LIFO Kwestel Company adopted the dollar value LIFO method for inventory valuation at the be ginning of 2015. The following information about the inventory at the end of each year is available from Kwestel's records: Year Current Cost Index 2014 $ 8,000 100 2015 10,800 120 2016 11,500 130 2017 14,000 145 2018 10,500 125 Iue Luro Required: Calculate the dollar value LIFO inventory at the end of each year. Round to the nearest dollar. dollmann LIFO on January 1, 2016
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