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The following information relates to the Michael Jones Company. Date December 31, 2016 December 31, 2017 December 31, 2018 December 31, 2019 December 31, 2020

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The following information relates to the Michael Jones Company. Date December 31, 2016 December 31, 2017 December 31, 2018 December 31, 2019 December 31, 2020 Ending Inventory (End-of-Year Prices) $ 75,600 98,988 107,125 121,290 113,400 Price Index 100 113 125 130 135 Use the dollar-value LIFO method to compute the ending inventory for Jones Company for 2016 through 2020. Ending Inventory 2016 $ 2017 $ 2018 $ 2019 2020 $ $

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