Current Attempt in Progress

Nash Corporation began operations on December $1,2024.$ The only inventory transaction in $2024$ was the purchase of inventory on

December $10,2024,$ at a cost of $$21$ per unit. None of this inventory was sold in $2024.$ Relevant information is as follows.

Ending inventory units

December $31,2024$

$115$

December $31,2025,$ by purchase date

December $2,2025$

July $20,2025$

$50,165$

During the year, the following purchases and sales were made.

The company uses the periodic inventory method.

$($a$1).$

$($a$2)$

$($b$1)$

Your answer is incorrect.

Calculate the price index for $2025.$ Assume that the December $2,2025,$ purchase cost is the current cost of inventory. $($Hint: The

beginning inventory is the base layer priced at $$21$ per unit.$)($Round answer to $4$ decimal places, e$.$g$.2\mathrm{.}7653.)$

Price index