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E8.20 (LO.4) (Dollar-Value-LIFO) Oasis Company has used the dollar-value LIFO method for inventory cost determination for many years. 'The following data were extracted from Oasis'

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E8.20 (LO.4) (Dollar-Value-LIFO) Oasis Company has used the dollar-value LIFO method for inventory cost determination for many years. 'The following data were extracted from Oasis' records. ." Price Ending Inventory Ending Inventory Date Index at Base Prices at Dollar-Value LIFO December 31, 2020 105 $92,000 $92,600 December 31, 2021 ? 97,000 98,350 Instructions. " Calculate the index used for-2021 that yielded the above results. ."

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