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Presented below is information related to Kingbird, Inc. End-of-Year Inventory (End-of-Year Prices) Price Index Date December 31, 2017 $1,200,000 100 December 31, 2018 1,522,500 105
Presented below is information related to Kingbird, Inc. End-of-Year Inventory (End-of-Year Prices) Price Index Date December 31, 2017 $1,200,000 100 December 31, 2018 1,522,500 105 December 31, 2019 1,562,000 110 December 31, 2020 1,813,500 117 Compute the ending inventory for Kingbird, Inc. for 2017 through 2020 using the dollar-value LIFO method. Ending Inventory 2017 2018 2019 2020
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