Question: I am not sure if I am doing it correctly or not. Can you show steps and the answers, please? Kingston Company uses the dollar-value

I am not sure if I am doing it correctly or not. Can you show steps and the answers, please?

Kingston Company uses the dollar-value LIFO method of computing inventory. An external price index is used to convert ending inventory to base year. The company began operations on January 1.2016. with an inventory of S228.000. Year-end inventories at year-end costs and cost indexes for its one inventory pool were as follows Required: Calculate inventory amounts at the end of each year

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