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Current Attempt in Progress Presented below is information related to Sunland Company. Date Ending Inventory (End-of-Year Prices) Price Index December 31, 2022 $178,000 100 December
Current Attempt in Progress
Presented below is information related to Sunland Company.
| Date | Ending Inventory (End-of-Year Prices) | Price Index | ||||
|---|---|---|---|---|---|---|
| December 31, 2022 | $178,000 | 100 | ||||
| December 31, 2023 | 252,518 | 119 | ||||
| December 31, 2024 | 256,620 | 130 | ||||
| December 31, 2025 | 283,974 | 141 | ||||
| December 31, 2026 | 324,972 | 153 | ||||
| December 31, 2027 | 361,978 | 158 |
Compute the ending inventory for Sunland Company for 2022 through 2027 using the dollar-value LIFO method.
| Ending Inventory | |||
| 2022 | $enter a dollar amount | ||
| 2023 | $enter a dollar amount | ||
| 2024 | $enter a dollar amount | ||
| 2025 | $enter a dollar amount | ||
| 2026 | $enter a dollar amount | ||
| 2027 | $enter a dollar amount |
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Principles Of External Auditing
Authors: Brenda Porter, Jon Simon, David Hatherly
2nd Edition
470842973, 470842970, 978-0470842973
