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At the beginning of 2018, Quentin and Kopps (Q&K) adopted the dollar-value LIFO (DVL) inventory method. On that date the value of its one inventory

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At the beginning of 2018, Quentin and Kopps (Q&K) adopted the dollar-value LIFO (DVL) inventory method. On that date the value of its one inventory pool was $93,000. The company uses an internally generated cost index to convert ending inventory to base year. Required: Determine the missing amounts in the inventory data for 2018 through 2021 Ending Ending Ending Year Ended Inventory at Inventory at Inventory at December 31 Year-End costs |Base-Year Costs Cost IndexDVL cost 1.08 $ 1.17 8,986 2018 2019 2020 2021 112,320 S 153,270 171,750 S 104,000 137,400 1.30 148,890

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