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Monty, Inc. uses the dollar-value LIFO method of computing its inventory. Data for the past 3 years follow. Inventory at Current-Year Cost Price Index Year

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Monty, Inc. uses the dollar-value LIFO method of computing its inventory. Data for the past 3 years follow. Inventory at Current-Year Cost Price Index Year Ended December 31 2016 2017 2018 $17,900 100 20,196 108 23,504 113 Compute the value of the 2017 and 2018 inventories using the dollar-value LIFO method 2017 2018 Inventory under LIFO s

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