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Question 15 1 pts The company had the following inventory at end-of-year prices: $150,000 in 2018 (base year), $167,000 in 2019, and $168,000 in 2020.

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Question 15 1 pts The company had the following inventory at end-of-year prices: $150,000 in 2018 (base year), $167,000 in 2019, and $168,000 in 2020. The price index is 1.03 in 2019 and 1.08 in 2020. What is the value of inventory using dollar value LIFO in 2020? $155,723 $156,000 $155,556 $162,500

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