Question: E7-16 Dollar-Value LIFO A company adopted the LIFO method when its inventory was $1,800. One year later its ending inventory was $2,100, and costs had

E7-16 Dollar-Value LIFO A company adopted the LIFO method when its inventory was $1,800. One year later its ending inventory was $2,100, and costs had increased 5% during the year.

Required: What is the ending inventory using dollar-value LIFO? Round to the nearest dollar.

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