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Question 10 Wildhorse, Inc. uses the dollar-value LIFO method of computing its inventory. Data for the past 3 years follow. Year Ended December 31 2019

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Question 10 Wildhorse, Inc. uses the dollar-value LIFO method of computing its inventory. Data for the past 3 years follow. Year Ended December 31 2019 2020 2021 Inventory at Current-Year Cost $21,700 23,520 28,175 Price Index 100 105 115 Compute the value of the 2020 and 2021 inventories using the dollar-value LIFO method. 2020 2021 Inventory under LIFO

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