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Question 1 The following information relates to the Concord Company. Ending Inventory (End-of-Year Price Index Prices) Date December 31, 2013 December 31, 2014 December 31,

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Question 1 The following information relates to the Concord Company. Ending Inventory (End-of-Year Price Index Prices) Date December 31, 2013 December 31, 2014 December 31, 2015 December 31, 2016 December 31, 2017 $ 73,700 100 114 126 131 136 100,092 107,856 123,009 113,288 Use the dollar-value LIFO method to compute the ending inventory for Concord Company for 2013 through 2017. Ending Inventory 2013 2014 2015 2016 2017

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