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(9 points) Martin Corporation adopted the dollar-value LIFO method of inventory valuation on December 31, Year 1. Its inventory on that date was $210,000

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(9 points) Martin Corporation adopted the dollar-value LIFO method of inventory valuation on December 31, Year 1. Its inventory on that date was $210,000 and the relevant price index was 100. Information regarding inventory for subsequent years is as follows. Date Inventory at Current Prices Current Price Index December 31, Yr 2 267,500 107 December 31, Yr 3 290,000 125 December 31, Yr 4 338,000 130 What is the cost of ending inventory at December 31, Year 2, Year 3 and Year 4 under dollar-value LIFO? Please show your math to receive full credit. 1. December 31, Year 2 Ending Inventory 2. December 31, Year 3 Ending Inventory 3. December 31, Year 4 Ending Inventory

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