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Presented below is information related to Novak Company. Date December 31, 2022 December 31, 2023 December 31, 2024 December 31, 2025 December 31, 2026 December
Presented below is information related to Novak Company. Date December 31, 2022 December 31, 2023 December 31, 2024 December 31, 2025 December 31, 2026 December 31, 2027 Ending Inventory (End-of-Year Prices) $84,500 119,070 118,800 133,640 158,060 186,615 Price Index 100 105 120 130 140 145 Compute the ending inventory for Novak Company for 2022 through 2027 using the dollar-value LIFO method.
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