Question: could you please help me with this question and explain why and explain it step by step? Thank you!! Q8.185: Two years ago Angle Company

could you please help me with this question and explain why and explain it step by step? Thank you!!could you please help me with this question and explain why and

Q8.185: Two years ago Angle Company starting using dollar-value LIFO for costing its inventory. The first year the ending inventory in end-of-year dollars was $180,000 with a price index of 1.0. The second year the inventory was $270,000 and the index was 1.2. The current inventory at end of year prices is $387,000 and the price index is 1.25. Given this information, the ending inventory using dollar-value LIFO is A$339,750. B $335,520. C $342,000 D $319,500

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