Expert Q&A Done Index Ending inventory 10000 12100 14700 Date 12/31 year 1 12/31 year 2 12/31 year 3 1.00 1.10 1.40 What is ending inventory for year 3 under LIFO? What is LIFO reserve at end of year 3? What will be added to COGS in year 3? Expert Q&A Done Index Ending inventory 10000 12100 14700 Date 12/31 year 1 12/31 year 2 12/31 year 3 1.00 1.10 1.40 What is ending inventory for year 3 under LIFO? What is LIFO reserve at end of year 3? What will be added to COGS in year 3