Question: Having trouble with this problem. If you could please show how you arrived at your answer, that would be appreciated! Presented below is information related

Having trouble with this problem. If you could please show how you arrived at your answer, that would be appreciated!

Presented below is information related to Pearl Corporation Price Index LIFO Cost Retail Inventory on December 31, 2017, when dollar-value LIFO is adopted Inventory, December 31, 2018 100 $33,100 $70,000 110 96,250 Compute the ending inventory under the dollar-value LIFO method at December 31, 2018. The cost-to-retail ratio for 2018 was 60%. Ending inventory under the dollar-value LIFO method at December 31, 2018 s

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