Question: Blossom Corp. uses dollar - value LIFO method of computing its inventory cost. Data for the past three years is as follows: table [
Blossom Corp. uses dollarvalue LIFO method of computing its inventory cost. Data for the past three years is as follows:
tabletableYear endedDecember tableInventoryatEndofyear PricestablePriceIndex$
What is the inventory balance using dollarvalue LIFO? Round intermediate calculations and final answer to O decimal places, eg
$
$
$
$
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