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Dollar-Value LIFO The following information relates to Martin Company. Date Tab LIFO Ending Inventory (End-of-Year Prices) Price Index December 31, 2013 $154,000 100 December 31,

Dollar-Value LIFO The following information relates to Martin Company. Date Tab "LIFO" Ending Inventory (End-of-Year Prices) Price Index December 31, 2013 $154,000 100 December 31, 2014 196,768 104 December 31, 2015 205,656 114) December 31, 2016 228,448 118 December 31, 2017 211,200 120 Required (1) Use the dollar-value LIFO method to compute the ending inventory for Martin Company for 2013 through 2017. Highlight your final answers in Excel. (2) Show the necessary journal entry to adjust inventory value on December 31, 2015. DELL

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