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Dollar-Value LIFO On January 1, 2015, Sato Company adopted the dollar-value LIFO method of inventory costing. Sato's ending inventory records appear as follows: Year Current

Dollar-Value LIFO

On January 1, 2015, Sato Company adopted the dollar-value LIFO method of inventory costing. Sato's ending inventory records appear as follows:

Year Current Cost Index
2015 $40,000 100
2016 56,100 120
2017 58,500 130
2018 70,000 140

Required:

Compute the ending inventory for the years 2015, 2016, 2017, and 2018, using the dollar-value LIFO method. Do not round your intermediate calculations. If required, round your answers to the nearest dollar.

Year Ending inventory
2015 $
2016 $
2017 $
2018 $

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