USE THE FOLLOWING INFORMATION TO ANSWER THE NEXT (2) QUES TIONS: Sparky Company adopted Dollar Value LIFO (DVL) on January 1, 2016 for its one inventory pool. The inventory's value on this date was $360,000. The ending inventory valued at year-end costs for 2016, 2017 and 2018 are reported below along with the price index for each year: Year Dec 31, 2016 Dec 31, 2017 Dec 31, 2018 Ending Inventory at Year-end Costs $407,570 $439,450 $427,800 Specific Price Index 106 110 115 a. Determine the Ending Inventory value to be reported on Sparky's balance sheet dated December 31, 2018 using DVL: S[Blank_1] Question 9 1 pts Using the information in Question #8 above, answer the following If Sparky purchased $1,250,000 of goods held in inventory for 2018, determine COGS for the year ended December 31, 2018 using Dollar Value LIFO