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Problem 8-13 Dollar-value LIFO [LO8-8 On January date was $400,000. Inventory data for 2018 through 2020 are as follows: 1, 2018, the Taylor Company adopted

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Problem 8-13 Dollar-value LIFO [LO8-8 On January date was $400,000. Inventory data for 2018 through 2020 are as follows: 1, 2018, the Taylor Company adopted the dollar-value LIFO method. The inventory value for its one inventory pool on this Ending Inventory 12/31/2018 12/31/2019 12/31/2020 $441,000 487,200 510,000 1.05 1.12 1.20 Required: Calculate Taylor's ending inventory for 2018, 2019, and 2020 Ending Inventory DVL Cost Inventory Layers Converted to Base Year Cost Inventory Layers Converted to Cost Inventory Layers Inventory Layers at Base Year Cost , Inventory Layers at Base Year-End Inventory at Year- End Cost Year-End Cost Index Cost Converted to Index Date Year Cost Cost Base Base 2018 Base 2018 2019 Base 2018 2019 01/01/2018 12/31/2018 12/31/2019 12/31/2020

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