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Alster Corporation adopted the dollar-value LIFO method of inventory valuation on December 31, 2015. Its inventory at that date was $110,000 and the relevant price

Alster Corporation adopted the dollar-value LIFO method of inventory valuation on December 31, 2015. Its inventory at that date was $110,000 and the relevant price index was 100. Information regarding inventory is as follows:

Date Inventory at Current Prices Current Price Index

12/31/15 $110,000 100

12/31/16 $128,400 107

12/31/17 $145,000 125

12/31/18 $169,000 130

What is the ending inventory at cost for December 31, 2015 through 2018 using Dollar Value LIFO?

- A. B. C. D. E. F. G.

Ending Inventory as of December 31, 2015

- A. B. C. D. E. F. G.

Ending Inventory as of December 31, 2016

- A. B. C. D. E. F. G.

Ending Inventory as of December 31, 2017

- A. B. C. D. E. F. G.

Ending Inventory as of December 31, 2018

A.

$120,700

B.

$125,700

C.

$110,000

D.

$116,000

E.

$117,500

F.

$116,420

G.

$134,620

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