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Marigold Corporation adopted the dollar-value LIFO retail inventory method on January 1, 2019. At that time the inventory had a cost of $55,000 and a

Marigold Corporation adopted the dollar-value LIFO retail inventory method on January 1, 2019. At that time the inventory had a cost of $55,000 and a retail price of $100,000. The following information is available.

Year-End Inventory at Retail

Current Year CostRetail %

Year End Price Index

2019 $128,100 60% 105
2020 152,320 63% 112
2021 135,700 64% 115
2022 171,120 61% 124

The price index at January 1, 2019, is 100. Compute the ending inventory at December 31 of the years 20192022. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answers to 0 decimal places, e.g. 28,987.)

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