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Grouper, Inc. uses the dollar-value LIFO method of computing its inventory. Data for the past 3 years follow Price Year Ended December 31 2016 2017

Grouper, Inc. uses the dollar-value LIFO method of computing its inventory. Data for the past 3 years follow Price Year Ended December 31 2016 2017 2018 Inventory at Current-Year Cost Index $20,700100 23,326 109 26,555 113 Compute the value of the 2017 and 2018 inventories using the dollar-value LIFO method. 2017 2018 Inventory under LIFO 21463

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