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A company adopted dollar-value LIFO (DVL) as of January 1, 2024, when it had an inventory of $781,000, its inventory as of December 31 ,

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A company adopted dollar-value LIFO (DVL) as of January 1, 2024, when it had an inventory of $781,000, its inventory as of December 31 , 2024, was $803,400 at year-end costs and the cost index was 1.03. What was DVL inventory on December 31,2024 ? Multiple Choice 781,000 780,000 804,430 803,400

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