Question: *Brief Exercise 8-9 Sheffield, Inc. uses the dollar-value LIFO method of computing its inventory. Data for the past 3 years follow. Year Ended Inventory at

*Brief Exercise 8-9 Sheffield, Inc. uses the dollar-value LIFO method of

*Brief Exercise 8-9 Sheffield, Inc. uses the dollar-value LIFO method of computing its inventory. Data for the past 3 years follow. Year Ended Inventory at Current-Year Cost Price December 31 Index 2016 $18,100 100 2017 20,412 108 2018 24,069 113 Compute the value of the 2017 and 2018 inventories using the dollar-value LIFO method. 2018 2017 Inventory under LIFO $

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