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Blossom Company had ending inventory at end-of-year prices of $128,000 at December 31, 2024; $153,472 at December 31, 2025; and $172,230 at December 31, 2026.
Blossom Company had ending inventory at end-of-year prices of $128,000 at December 31, 2024; $153,472 at December 31, 2025; and $172,230 at December 31, 2026. The year-end price indexes were 100 at 12/31/24, 110 at 12/31/25, and 120 at 12/31/26. Compute the ending inventory for Blossom Company for 2024 through 2026 using the dollar-value LIFO method. Ending inventory 2024 128,000 LA 2025 2026
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