Exercise 8-23

The following information relates to the Shamrock Company.

Date		Ending Inventory (End-of-Year Prices)				Price Index
December 31, 2013			$ 65,700			100
December 31, 2014			108,824			122
December 31, 2015			117,585			135
December 31, 2016			131,216			139
December 31, 2017			123,105			145

Use the dollar-value LIFO method to compute the ending inventory for Shamrock Company for 2013 through 2017.

			Ending Inventory
2013			$
2014			$
2015			$
2016			$
2017			$