|
Date |
Ending Inventory (End-of-Year Prices) |
Price Index |
||||
| December 31, 2013 | $ 68,400 | 100 | ||||
| December 31, 2014 | 122,744 | 134 | ||||
| December 31, 2015 | 132,904 | 148 | ||||
| December 31, 2016 | 150,920 | 154 | ||||
| December 31, 2017 | 141,920 | 160 | ||||
Use the dollar-value LIFO method to compute the ending inventory for Flounder Company for 2013 through 2017.
| Ending Inventory | |||
| 2013 | $
 |
||
| 2014 | $
|
||
| 2015 | $
|
||
| 2016 | $
|
||
| 2017 | $
|
