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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 $55,000 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 $55,000 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

$126,140

57%

106

2014

138,880

60%

112

2015

129,920

62%

116

2016

173,750

56%

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)

2013

2014

2015

2016

Ending inventory

$

$

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