Help with this problem please and thank you Question 19 Oriole Company manufactures one product On December 31, 2019, Oriole adopted the dollar value LIFO inventory method The inventory on that date using the dollar value LIFO inventory method was $940,000 Inventory data are as follows Year Inventory at year end prices Price index (base year 2019) 2020 $1,234,800 1 05 2021 1,840,000 1 15 2022 1,900,000 1 25 Compute the inventory at December 31, 2020, 2021, and 2022 , using the dollar value LIFO method for each year Inventory at December 31, 2020 $ Inventory at December 31, 2021 $ Inventory at December 31, 2022 $

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Question: Help with this problem please and thank you! Question 19 Oriole Company manufactures one product. On December 31, 2019, Oriole adopted the dollar-value LIFO inventory

Help with this problem please and thank you!

Question 19

Oriole Company manufactures one product. On December 31, 2019, Oriole adopted the dollar-value LIFO inventory method. The inventory on that date using the dollar-value LIFO inventory method was $940,000. Inventory data are as follows:

Year	Inventory at year-end prices	Price index (base year 2019)
2020	$1,234,800	1.05
2021	1,840,000	1.15
2022	1,900,000	1.25

Compute the inventory at December 31, 2020, 2021, and 2022, using the dollar-value LIFO method for each year.

Inventory at December 31, 2020		$
Inventory at December 31, 2021		$
Inventory at December 31, 2022		$

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