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Buckeye Corporation adopted dollar-value LIFO on January 1, 2021, when the inventory value was $520,000 and the cost index was 1.0. On December 31, 2021,

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Buckeye Corporation adopted dollar-value LIFO on January 1, 2021, when the inventory value was $520,000 and the cost index was 1.0. On December 31, 2021, the inventory value at year-end costs was $555,000 and the cost index was 1.04. Buckeye would report a LIFO inventory of: Multiple Choice $540,800. $534,200. $543,819. $533.654

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