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The Downtown Store Co. uses the Dollar Value LIFO method to value its ending inventory. The following information is available (Base year is 2008). Date

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The Downtown Store Co. uses the Dollar Value LIFO method to value its ending inventory. The following information is available (Base year is 2008). Date Current Cost 12/31/08 $90,000 12/31/09 120,000 Year Index 2008 1.00 12 2009 1.20 What is the cost of ending inventory to report on the balance sheet on 12/31/08? - Feud peedi 8 a 13 foll Rec fold A $90,000 O a $120,000 COC $144,000 $108,000 (Car D paya the 1. Si 05

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