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Dolan Corporation adopted the dollar value LIFO method of inventory valuation on December 31, 2009. Its inventory at that date was $320,000 and the relevant
Dolan Corporation adopted the dollar value LIFO method of inventory valuation on December 31, 2009. Its inventory at that date was $320,000 and the relevant price index was 100 (=1.00). Information regarding inventory subsequent years is as follows: Required Calculate the value of the dollar value LIFO inventory at the dates below Show calculations/Layers for partial credit Dec 31, 2010 Dec 31, 2011 Dec 31, 2012
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