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nen Brief Exercise 8-09 Crane, Inc. uses the dollar-value LIFO method of computing its inventory. Data for the past 3 years follow. Year Ended December

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nen Brief Exercise 8-09 Crane, Inc. uses the dollar-value LIFO method of computing its inventory. Data for the past 3 years follow. Year Ended December 31 2019 2020 2021 Inventory at Current-Year Cost $19,600 21,420 25,200 Price Index 100 105 112 Compute the value of the 2020 and 2021 inventories using the dollar-value LIFO method. 2020 2021 Inventory under LIFOS

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