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On January 1, 2018, the Haskins Company adopted the dollar-value LIFO method for its one...

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Accounting

On January 1, 2018, the Haskins Company adopted the dollar-value LIFO method for its one inventory pool. The pools value on this date was $770,000. The 2018 and 2019 ending inventory valued at year-end costs were $806,000 and $882,000, respectively. The appropriate cost indexes are 1.04 for 2018 and 1.05 for 2019. Required: Complete the below table to calculate the inventory value at the end of 2018 and 2019 using the dollar-value LIFO method

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