Below are selected factors of future value of 1 at the compounding interest rate 8% for different compounding periods: Compounding N 5 N 6 N-7 N=8 period (N) Future value of 1 1.46933 1.58687 1.71382 1.85093 Henry currently has $58,349 in his investment fund. Assume that he wants to accumulate $ 100,000 to travel around the world. Given an interest rate of 8% compounded annually, approximately how many years will it take to accumulate $100,000? 8 years. 7 years. thing 6 years 5 years Dolan Corporation adopted the dollar-value LIFO method of inventory valuation to compute its ending inventory. Information regarding inventory for subsequent years is as follows: Inventory at Current Date Current Prices Price Index December 31, 2018 $ 220,000 100 December 31, 2019 256,800 107 December 31, 2020 290,000 125 What is the cost of the ending inventory at December 31, 2019 under dollar-value LIFO? O $ 256,800 O $ 235,400