- Question Completion Status: The Downtown Store Co. uses the Dollar Value LIFO method to value its ending inventory. The following information is available (Base year is 2008). Date Current Cost 12/31/08 $90,000 12/31/09 120,000 Year Index 2008 1.00 2009 1.20 What is the cost of ending inventory to report on the balance sheet on 12/31/09? $102,000 OA B. $144,000 C $120,000 D. $108,000