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Dollar - Value LIFO Retail On December 3 1 , 2 0 1 8 , Davison Company adopted the dollar - value LIFO retail inventory

Dollar-Value LIFO Retail
On December 31,2018, Davison Company adopted the dollar-value LIFO retail inventory method. Inventory data for 2019 are as follows:
\table[[,LIFO Cost,Retail],[Inventory,12/31/2018,$360,000,$500,000
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