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DollarValue LIFO On January 1, 2018, Sato Company adopted the dollar-value LIFO method of Inventory costing. Sato's ending inventory records appear as follows: Year Current

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DollarValue LIFO On January 1, 2018, Sato Company adopted the dollar-value LIFO method of Inventory costing. Sato's ending inventory records appear as follows: Year Current Cost Index 2018 $42,000 100 2019 57,780 120 2020 61,100 130 2021 72,520 140 Required: Compute the ending inventory for the years 2018, 2019, 2020, and 2021, using the dollar value LIFO method. Year Ending inventory 2018 42,000 2019 2020 2021

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