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QV-TV, Inc. provided the following items in its notes to the financial statements for the year-end 2019: Cost of goods sold was $23.30 billion under
QV-TV, Inc. provided the following items in its notes to the financial statements for the year-end 2019: Cost of goods sold was $23.30 billion under FIFO costing and the inventory value under FIFO costing was $2.36 billion. The LIFO Reserve for year-end 2018 was $0.73 billion and at year-end 2019 it had increased to $0.93 billion. What is the LIFO inventory value at year-end 2019?
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