Anthony Thomas Candies (ATC) reported the following financial data for 2018 and 2017: 2018 $306,000 8,400 $ 297,600 2017 $ 286,000 4,900 $281,100 Sales Sales returns and allowances Net sales Cost of goods sold: Inventory, January 1 Net purchases Goods available for sale Inventory, December 31 Cost of goods sold Gross profit 58,000 151,000 209,000 60,000 149,000 $ 148,600 27,000 139,000 166,000 58,000 108,000 $ 173,100 ATC's gross profit ratio (rounded) in 2018 is: (Round your answer to one decimal place e.g., 0.123 as 12.3%.) Carswell Electronics adopted the dollar-value LIFO method on January 1, 2018, when the inventory value of its one inventory pool was $900,000. The company decided to use an external index, the Consumer Price Index (CPI), to adjust for changes in the cost level. On January 1, 2018, the CPI was 200. On December 31, 2018, inventory valued at year-end cost was $1,078,000 and the CPI was 220. Required: Calculate the inventory value at the end of 2018 using the dollar-value LIFO method. (Round "Year end cost index" to 2 decimal places.) Inventory Layers Converted to Base Year Cost Inventory Layers Converted to Cost Ending Inventory DVL Cost Date Inventory at Year- End Cost Year-End Cost Index Inventory Layers at Base Year Cost Inventory Layers at Base Year Cost Year-End Cost Index Inventory Layers Converted to Cost 01/01/2018 Base 0 12/31/2018 = Base 2018 $ 0