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--/3.75 Question 17 View Policies Current Attempt in Progress Coronado Industries uses dollar-value LIFO method of computing its inventory cost. Data for the past three
--/3.75 Question 17 View Policies Current Attempt in Progress Coronado Industries uses dollar-value LIFO method of computing its inventory cost. Data for the past three years is as follows: Year ended Inventory at Price December 31 End-of-year Prices Index 2019 $ 654000 1.03 2020 1256000 1.08 2021 1348250 1.13 What is the 2020 inventory balance using dollar-value LIFO? (Round intermediate calculations and final answer to decimal places, eg. 10,000.) O $1244417. O $1219417. O $1203680 O $1233680 Save for Later Attempts:0 of 1 used Submit Answer
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