On January 1, 2009, the Sato Company adopted the dollar-value LIFO method of inventory costing. The companys

On January 1, 2009, the Sato Company adopted the dollar-value LIFO method of inventory costing. The company’s ending inventory records appear as follows:

Required
Compute the ending inventory for the years 2009, 2010, 2011, and 2012, using the dollar-value LIFO method (round to the nearestdollar).

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Year 2009 2010 2011 2012 Current Cost $40,000 56,100 58,500 70,000 Index 100 120 130 140