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Novak Company had ending inventory at end-of-year prices of $132,000 at December 31, 2019; $158,268 at December 31, 2020; and $177,600 at December 31, 2021.
Novak Company had ending inventory at end-of-year prices of $132,000 at December 31, 2019; $158,268 at December 31, 2020; and $177,600 at December 31, 2021. The year-end price indexes were 100 at 12/31/19, 110 at 12/31/20, and 120 at 12/31/21. Compute the ending inventory for Novak Company for 2019 through 2021 using the dollar-value LIFO method.
| 2019 | 2020 | 2021 | ||||
| Ending Inventory | $ | $ | $ |
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