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6. Cypress Corp. uses dollar-value LIFO. Certain information follows: Ending Inventory- Current Cost Year Index 2004 $5,000 100 2005 5,610 101 2006 5,304 102 2007

6. Cypress Corp. uses dollar-value LIFO. Certain information follows: Ending Inventory- Current Cost Year Index 2004 $5,000 100 2005 5,610 101 2006 5,304 102 2007 6,042 103 Compute the ending 2007 inventory. a. $5,742 b. $5,888 c. $5,866 d. $5,881

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