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Splish Company had ending inventory at end of year prices of $130,000 at December 31st, 2024; $155,870 at December 31st, 2025; and $174,928 at December
Splish Company had ending inventory at end of year prices of $130,000 at December 31st, 2024; $155,870 at December 31st, 2025; and $174,928 at December 31, 2026. The year-end price indexes were 100 at 12/31/24, 110 at 12/31/25, and 116 at 12/31/26.
Compute the ending inventory for Splish Company for 2024 through 2026 using the dollar-value method LIFO.
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