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4 Kingston Company uses the dollar-value LIFO method of computing inventory. An external price index is used to convert ending inventory to base year. The

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4 Kingston Company uses the dollar-value LIFO method of computing inventory. An external price index is used to convert ending inventory to base year. The company began operations on January 1, 2016, with an inventory of $165,000. Year-end inventories at year-end costs and cost indexes for its one inventory pool were as follows 1.5 points Ending Inventory Year Ended Cost Index (Relative to Base Year) 1.06 eBook at Year-End December 31 2016 2017 2018 2019 Costs $243,800 324,500 304,750 299,700 Print 1.18 1.15 References 1.11 Required: Calculate inventory amounts at the end of each year. Ending Invento Date 12/31/16 12/31/17 12/31/18 12/31/19

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