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QUESTION 12 250800 Waterway Industries had January 1 inventory of $302000 when it adopted dollar-value LIFO. During the year, purchases were $1740000 and sales were

QUESTION 12 250800

Waterway Industries had January 1 inventory of $302000 when it adopted dollar-value LIFO. During the year, purchases were $1740000 and sales were $3070000.

What is Waterway Industries's ending inventory?

December 31 inventory at year-end prices was $382800, and the price index was 110.

352600

$348,000.00

$332,200.00

$382,800.00

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