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33. (2 points) Diane makes one product. Diana adopted the dollar- value LIFO inventory method on 12-31-12. Her ending inventory at 12-31-12 was $25,000. Additional
33. (2 points) Diane makes one product. Diana adopted the dollar- value LIFO inventory method on 12-31-12. Her ending inventory at 12-31-12 was $25,000. Additional inventory data follows: Cost of goods Inventory at Price index manufactured Year year-end prices (base year 2012) during the year 2013 $26,010 1.02 2014 $24,720 1.03 2015 $25,515 1.05 $175,000 $195,000 $220,000 Compute the inventory at December 31, 2013, 2014, and 2015 AND the cost of goods sold for each year assuming Diane uses the dollar-value LIFO method for each year
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