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On December 31,2023 , Mend Corporation adopted the dollar-value LIFO inventory method to account for the manufacturing of its one product. The inventory on that

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On December 31,2023 , Mend 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-value LIFO inventory method was $1,800,000. 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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