Metlock Corporation adopted the dollar-value LIFO retail inventory method on January 1, 2024. At that time the inventory had a cost of $128,075 and a retail price of $235,000. The following information is available: 2024 2025 2026 2027 Year-End Inventory at Retail Ending inventory $256,100 $ 278,100 265,100 297,500 Current Year Cost-Retail% 2024 54% 56% 57% 55% Year-End Price Index $ 104 The price index at January 1, 2024, is 100. Compute the ending inventory at December 31 of the years 2024-2027. (Round ratios for computational purposes to 1 decimal place, e.g 78.7% and final answers to O decimal places, e.g. 28,987.) 108 110 119 2025 42 2026 $ 2027

Metlock Corporation adopted the dollar-value LIFO retail irventory method on January 1, 2024. At that time the inventory had a cost of $128,075 and a retail price of $235,000. The following information is available: The price indexat January 1:2024 is 100 Compute the ending inventory at December 31 of the years 2024-2027. (Round rotios for computotional purposes to 1 decimal ploce, es: 78.7% and final answers to 0 decimal places, es. 28,987)