Presented below is information related to Teal Company. Date Ending Inventory (End-of-Year Prices) Price Index December 31,
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Presented below is information related to Teal Company.
Date Ending Inventory (End-of-Year Prices) Price Index
December 31, 2014 $ 74,000 100
December 31, 2015 134,552 121
December 31, 2016 131,100 138
December 31, 2017 148,200 150
December 31, 2018 175,329 161
December 31, 2019 210,754 167
Compute the ending inventory for Teal Company for 2014 through 2019 using the dollar-value LIFO method.
Ending Inventory
2014
$
2015
$
2016
$
2017
$
2018
$
2019
$
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