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Blossom Company had ending inventory at end-of-year prices of $216,500 at December 31, 2016; 239,700...

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Accounting

Blossom Company had ending inventory at end-of-year prices of $216,500 at December 31, 2016; 239,700 at December 31, 2017; and $252,500 at December 31, 2018. The year-end price indexes were 100 at 12/31/16, 106 at 12/31/17, and 110 at 12/31/18. Compute the ending inventory for Blossom Company for 2016 through 2018 using the dollar-value LIFO method. (

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