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Duke Boudreau, Inc. decided to adapt Dollar Value LIFO in 2017, the following data represents DB's ending inventory along with the price index for
Duke Boudreau, Inc. decided to adapt Dollar Value LIFO in 2017, the following data represents DB's ending inventory along with the price index for each year: December 31 Price Index 2017 $200,000 100 2018 $206,000 102 2019 $250,000 110 2020 $275,000 115 2021 $290,000 120 2022 $300,000 121 Rounding all calculations to the nearest dollar, calculate Ending Inventory for December 31, 2022 using Dollar Value LIFO
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