On January 1, 2024, a company adopted the dollar-value LIFO method. The inventory value for...
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On January 1, 2024, a company adopted the dollar-value LIFO method. The inventory value for its one inventory pool on this date was $400,000. Inventory data for 2024 through 2026 are as follows: Date Ending Inventory at Year-End Costs Cost Index 12/31/2024 $ 441,000 1.05 12/31/2025 487,200 1.12 12/31/2026 510,000 1.20 . Calculate the company's ending inventory for 2024, 2025, and 2026.
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