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........... On January 1, 2018, the Taylor Company adopted the dollar-value LIFO method. The inventory value for its one inventory pool on this date was

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On January 1, 2018, the Taylor Company adopted the dollar-value LIFO method. The inventory value for its one inventory pool on this date was $340,000. Inventory data for 2018 through 2020 are as follows: 1 Ending Inventory points Date at Year-End Costs Cost Index 12/31/2018 $378, 090 1.05 12/31/2019 427, 500 1. 14 12/31/2020 445, 300 1.22 Book Required: Calculate Taylor's ending inventory for 2018, 2019, and 2020. Print Ending Inventory Layers Converted to Base Year Cost Inventory Layers Converted to Cost Inventory DVL Cost References Inventory Year-End nventory at Year- Layers Date Layers at Inventory Year-End Inventory Cost End Cost Index Base Year Layers at Base Cost Cost Year Cost Index Converted to Cost 01/01/2018 $ 340,000 Base $ 12/31/2018 Base 2018 $ 0 12/31/2019 Base 2018 2019 $ 0 12/31/2020 Base 2018 2019 $ 0

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