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On January 1, 2025, Bonanza Wholesalers Inc. adopted the dollar-value LIFO inventory method for income tax and external financial reporting purposes. However, Bonanza continued to

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On January 1, 2025, Bonanza Wholesalers Inc. adopted the dollar-value LIFO inventory method for income tax and external financial reporting purposes. However, Bonanza continued to use the FIFO inventory method for internal accounting and management purposes. In applying the LIFO method, Bonanza uses internal corversion price indexes and the multiple pools approach under which substantially identical inventory items are grouped into LIFO imventory pools. The following data were available for inventory pool no. 1, which comprises products A and B, for the 2 years following the adoption of LIFO. Inventory, 1/1/25 \begin{tabular}{lrrr} Product A & 10,000 & $30 & $300,000 \\ Product B & 9,000 & 25 & 225,000 \\ & & & $525,000 \\ \hline \end{tabular} Inventory, 12/31/25 Product A 17,000 36 $612.000 Product B 9,000 26 $846,000234,000 Inventory, 12/31/26 Product A 13.000 40 $520.000 Product B 10,000 32 $840,000320,000 Compute the internat conversion price indexes for 2025 and 2026 . (Round price index to 2 decimal ploces, es. 162.) eTextbook and Media X Your anwweris incorrect. Compute the imwentory amounts at December 31,2025 and 2026 . usine the dollarvyalue LIFO imventory method. (Round anowers to 0 decimal ploces es. 5,620

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