Blossom Corporation adopted the dollar-value LIFO method of inventory valuation on December 31, 2024. Its...
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Blossom Corporation adopted the dollar-value LIFO method of inventory valuation on December 31, 2024. Its inventory at that date was $1050000 and the relevant price index was 100 . Information regarding inventory for subsequent years is as follows: What is the cost of the ending inventory at December 31, 2025 under dollar-value LIFO? (Round intermediate calculations and final answer to 0 decimal places, e.g. 10,000.) $1202500$1123500$1276000$1192523
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