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The following information is taken fronm the financial statements of the Markwell Company: Price Index 100% Inventory at Year Year-End Prices 125 160 165 Markwell

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The following information is taken fronm the financial statements of the Markwell Company: Price Index 100% Inventory at Year Year-End Prices 125 160 165 Markwell uses dollar-value LIFO to 2 3 4 $100,500 150,000 180,000 346,500 value ending inventory, and the base year is Year 1. Markwell's ending under dollar-value LIFO is O A) $100,500 O B) $115,500 O C) $120,000 inventory at December 31, Year 3, O D) $124,875

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