Harvey's Junk Jewelry started business January 1, 2021, and uses the LIFO retail method to estimate ending inventory. Listed below is data accumulated for the year ended December 31, 2021: Beginning inventory Purchases Freight-in Purchase returns Net markups Net markdowns Net sales Employee discounts Cost Retail $15,5ee $23,5ee 49,5ee8e, see 3. ee 2,200 3,100 3,6ee 5,100 71,100 1, 2ee To the nearest thousand, the estimated ending Inventory at cost is round cost-to-retail ratio to whole percentage): Multiple Choice O $23.000 O $11.900 Bond Company adopted the dollar value LIFO Inventory method on January 1, 2021. In applying the LIFO method, Bond uses internal cost indexes and the multiple pools approach. The following data were available for inventory Pool No. 3 for the two years following the adoption of UFO Year 1/1/2021 12/31/2821 12/31/2022 Ending Inventory At Year At Base End Year Cost $310,000 $310,000 342,825 326,500 430,660 353, eee Cost Index 1.ee 1.05 1.22 Under the dollar-value LIFO method, the inventory at December 31, 2022, should be Multiple Choice O $353,825 O $353,000 o None of these w er choices are correct o Harlequin Co, adopted the dollar value LIFO retail method at the beginning of 2021 is base year). Its beginning inventory for 2021 was $45 500 at cost and $81.500 at retail prices. At the end of 2021, it computed its estimated ending inventory at retall to be $129.000. Assuming its cost to retail percentage for 2021 transactions was 50%, and that the retail price index at the end of 2021 was 1.2. what is the inventory balance that Harlequin Co. would report in its 12/312021 balance sheet? Multiple Choice $64.500 $129.000 $53.750 Present and future value tables of $1 at 3% are presented below. N 1 2 3 4 5 6 7 B 9 10 FV $ 1 PV $1 FVA $1 PVA $1 FVAD $1 PVAD $1 1.030000.97887 1.0000 0.97087 1.03ee 1.eeeee 1.06090 0.94260 2.e3ee 1.91347 2.9909 1.97887 1.09273 2.91514 3.e9e9 2.82861 3.1836 2.91347 1.12551 0.88849 4.1836 3.71710 4.3091 3.82861 1.15927 2.862615 .30914.57971 5.46844 .71710 1. 19405 0.83748 6.468. 4 5.417196 .6625 5.57971 1.22987 2.81309 7.6625 6.23028 7.89236 .41719 1.26677 .789418 .89237.01969 9.1591 7.23028 1.30477 0.76642 10. 15917 .78611 10.4639 8.01969 1.34392 0.74409 11.4639 8.53020 11.8078 8.78611 1.38423 0.72242 12.8078 9.25262 13. 1920 9.53eze 1.42576 0.70138 14.1920 9.95400 14.6178 10.25262 1.46853 0.68095 15.6178 10.6349616.0863 10.95400 1.51259 0.66112 17.0863 11.29607 17.5989 11.63496 1.55797 0.64186 18.5989 11.93794 19.1569 12.29607 1.60471 0.62317 20.1569 12.56110 20.7616 12.93794 12 13 14 15 16 Shelley wants to cash in her winning lottery ticket. She can either receive ten, $194,000 semiannual payments starting today, or she can receive a single amount payment today based on a 6% annual interest rate. What is the single amount payment she can receive today
