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(Dollar-Value LIFO) Presented below is information related to Martin Company. Date Ending Inventory (End-of-Year Prices) Price Index December 31, 2007 $ 80,000 100 December 31,
(Dollar-Value LIFO) Presented below is information related to Martin Company. Date Ending Inventory (End-of-Year Prices) Price Index December 31, 2007 $ 80,000 100 December 31, 2008 111,300 105 December 31, 2009 108,000 120 December 31, 2010 122,200 130 December 31, 2011 147,000 140 December 31, 2012 176,900 145 Instructions Compute the ending inventory for Martin Company for 2007 through 2012 using the dollar-value LIFO method.
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