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Kingston Company uses the dollar-value LIFO method of computing inventory. An external price index is used to convert ending inventory to base year. The company

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Kingston Company uses the dollar-value LIFO method of computing inventory. An external price index is used to convert ending inventory to base year. The company began operations on January 1, 2016, with an inventory of $165,000. Year-end inventories at year-end costs and cost indexes for its one inventory pool were as follows: Year Ended Ending Cost Index Inventory at Year-End (Relative to Base Year) 1.06 1.18 1.15 1.11 cember 31 2016 2017 2018 2019 Costs 243,800 324,500 304,750 299,700 Required: Calculate inventory amounts at the end of each year. Answer is not complete. Ending Date 12/31/16 $233,900 12/31/17 $287,000 12/31/18 12/31/19 Inventory

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