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Sunland Company had ending inventory at end-of-year prices of $200,000 at December 31, 2016; 221,000 at December 31, 2017; and $233,000 at December 31, 2018.
Sunland Company had ending inventory at end-of-year prices of $200,000 at December 31, 2016; 221,000 at December 31, 2017; and $233,000 at December 31, 2018. The year-end price indexes were 100 at 12/31/16, 106 at 12/31/17, and 110 at 12/31/18. Compute the ending inventory for Sunland Company for 2016 through 2018 using the dollar-value LIFO method. (Round answers to O decimal places, e.g. 5,275.) Ending inventory +A 2016 +A 2017 $ 2018
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