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Connie Chung Corporation adopted the dollar-value LIFO retail inventory method on January 1, 2013. At that time the inventory had a cost of $43,000 and

Connie Chung Corporation adopted the dollar-value LIFO retail inventory method on January 1, 2013. At that time the inventory had a cost of $43,000 and a retail price of $100,000. The following information is available.

Year-End Inventory at Retail Current Year CostRetail % Year End Price Index
2013 $127,200 59% 106
2014 149,850 62% 111
2015 128,800 63% 115
2016 165,000 60% 125

The price index at January 1, 2013, is 100. Compute the ending inventory at December 31 of the years 20132016. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answers to 0 decimal places, e.g. 28,987)

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