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On December 31, 2023, Dock Corporation adopted the dollar-value LIFO inventory method to account for the manufacturing of its one product. The inventory on that
On December 31, 2023, Dock Corporation adopted the dollar-value LIFO inventory method to account for the manufacturing of its one product. The inventory on that date using the dollar-vafue LIFO inventory method was $4,750,000. Inventory data are as follows: Required 1. Prepare a detailed calculation of the inventory value on December 31, 2024. 2. Prepare a detailed calculation of the inventory value on December 31, 2025. 3. Prepare a detailed calculation of the inventory value on December 31,2026
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