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Co adopted the dollar-value LIFO inventory method on January 1, 2024. In applying the LIFO method, co uses internal cost indexes and the multiplepools approach.
Co adopted the dollar-value LIFO inventory method on January 1, 2024. In applying the LIFO method, co uses internal cost indexes and the multiplepools approach. The following data were available for Inventory Pool No. 3 for the two years following the adoption of LIFO: Under the dollar-value LIFO method, the-inventory on December 31, 2025, should be:
$357,725. $351,000 $351,860. None of the above
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