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Sheridan, 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

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Sheridan, 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 $19,900 22,149 26,335 Price Index 100 107 115 Compute the value of the 2020 and 2021 Inventories using the dollar-value LIFO method. 2020 2021 Inventory under LIFO

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