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please show how you worked this out Presented below is information related to Flounder Corporation Price Index LIFO Cost Retail Inventory on December 31, 2020,

please show how you worked this out

Presented below is information related to Flounder Corporation Price Index LIFO Cost Retail Inventory on December 31, 2020, when dollar-value LIFO is adopted Inventory, December 31, 2021 100 $ 68,100 $ 38,000 ? 110 97,460 Compute the ending inventory under the dollar value LIFO method at December 31, 2021. The cost-to-retail ratio for 2021 was 50% Ending inventory under the dollar value LIFO method at December 31, 2021

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