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Item1 10 points eBook Print References Check my work Check My Work button is now...

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Accounting

Item1 10 points eBook Print References Check my work Check My Work button is now enabledItem 1 Item 1 10 points On January 1, 2018, the Taylor Company adopted the dollar-value LIFO method. The inventory value for its one inventory pool on this date was $480,000. Inventory data for 2018 through 2020 are as follows: Date Ending Inventory at Year-End Costs Cost Index 12/31/2018 $ 540,000 1.08 12/31/2019 597,400 1.16 12/31/2020 621,150 1.23 Required: Calculate Taylor's ending inventory for 2018, 2019, and 2020.

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