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Sunland Company has used the dollar-value LIFO method for inventory cost determination for many years. The following data were extracted from Sunland's records. Price Index

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Sunland Company has used the dollar-value LIFO method for inventory cost determination for many years. The following data were extracted from Sunland's records. Price Index Ending Inventory at Base Prices Ending Inventory at Dollar-Value LIFO Date $97,900 103,550 December 31, 2017 105 $92,580 97,580 December 31, 2018 Calculate the index used for 2018 that yielded the above results Index used for 2018 Click if you would like to Show Work for this question: Open Show Work

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