Can I get help with this question? Ill upvote if the answer is correct :)

Thank you in advance! for the 2nd question i got 9mil. could u check that to please?

On December 31, 2011, Lillis Company adopted the dollar-value LIFO inventory method. The inventory on that date using the dollar-value LIFO inventory method was determined to be $300,000. Inventory data for succeeding years follow: Year Ending inventory at year-end cost Cost Index 2012 $363,000 1.10 2013 420,000 1.20 2014 442,000 1.30 Calculate the ending inventory balance that Lillis will report on its December 31, 2013 balance sheet. $420,000 $357.000 None of other answer choices is correct $350,000 Shining Shoes Inc. is a large retail chain with 100 stores nationwide, specializing in selling winter boots. While cost per a pair of boots is $150, selling price is only $75 due to climate change. Additional information is also provided on December 31, 2020 (year-end). Units (pairs) - 100,000 Replacement cost per unit - $70 Costs to sell per unit = $15 Normal profit margin per unit = $20 Calculate the amount of inventory write-down (if any) that Shining Shoes Inc. will include on its 2020 income statement if Kyle Inc. applies Lower of Cost or Market $8,000,000 $9,000,000 None of other answer choices is correct $11,000,000