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Im struggling with the last column which is 2019, please show work when solving Exercise 8-23 Dollar-value LIFO [LO8-81 On Jan... Solved: On January 1,

Im struggling with the last column which is 2019, please show work when solving image text in transcribed
Exercise 8-23 Dollar-value LIFO [LO8-81 On Jan... Solved: On January 1, 2016, the Saved Help Save& Exit Su Check my wo Required: Complete the below table to calculate the inventory value at the end of 2018 and 2019 using the dollar-value LIFO method. (Round "Year end cost index" to 2 decimal places. Round other final answer values to the nearest whole dollars.) Ending Inventory DVL Cost Inventory Layers Converted to Base Year Cost Inventory Layers Converted to Cost Inventory at Year- End Cost Year-EndInventory Layers at Base Year Inventory Year-End Inventory Layers Cost Index Layers at Base Year Cost cost -converted to l Index Date i Cost Co 01/01/2018 $ 790,000 790,000 Base $ 790,000 1.00 $ 790,000| $ 790,000 1231/2018$832,000 r $800,0001 Base $ 790.00of 1.00 1=F 2018 10,000 832 1.00 = S 790.000 790 00 S 10,400$ 800,400 $ 790,000 .04 850.0001 Base S 790,00of 100 04 1.08 12/31/2019 $918,000 1.08 2018$ 2019 10,000 S 800,400

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