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Bonita Industries uses the dollar-value LIFO method of computing its inventory cost. Data for the past three years is as follows: Year ended Inventory at
Bonita Industries uses the dollar-value LIFO method of computing its inventory cost. Data for the past three years is as follows: Year ended Inventory at Price December 31 End-of-year Prices Index 2019 $653000 1.02 2020 1265000 1.07 2021 1353250 1.12 What is the 2019 inventory balance using dollar-value LIFO? $610272 O $1232270 O $666060. $1326716
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