Attempt in Progress Whispering Company cans a variety of vegetable-type soups. Recently, the company decided to value its inventories using dollar-value LIFO pools. The clerk who accounts for inventories does not understand how to value the inventory pools using this new method, so, as a private consultant, you have been asked to teach him how this new method works. He has provided you with the following information about purchases made over a 6-year period. Date Dec 31, 2016 Dec 31, 2017 Dec 31, 2018 Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Ending Inventory (End-of-Year Prices) $81,700 127,530 122,227 145,584 165,695 198,030 Price Index 100 117 133 144 155 161 You have already explained to him how this inventory method is maintained, but he would feel better about it if you were to leave him detailed instructions explaining how these calculations are done and why he needs to put all inventories at a base- VaR value Question 7 of 7 year value. Compute the ending inventory for Whispering Company for 2016 through 2021 using dollar-value LIFO. Ending Inventory 2016 $ 2017 $ 2018 $ 2019 S 2020 $ 2021 $ e Textbook and Media Save for at Using multiple attempts will impact your score 5% score reduction after attempt 2 Attempts: 0 of 3 used Submit A Page 5 of 6 1533 words English (United States 13 w