On December 31, 2009, the current cost of the Greene Company's ending inventory was $10,000 when...

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On December 31, 2009, the current cost of the Greene Company's ending inventory was $10,000 when the cost index was 100. On January 1, 2010, Greene adopted the dollar value LIFO method of inventory costing. Information from the company's ending inventory records is as follows: Year 2010 2011 2012 150 160 165 Cost Index 110 125 140 Ending Inventory Reported at Current Prices $11,000 11,250 13,300 16,500 14,400 16,500 16,150 2013 2014 2015 2016 170 Required: Determine the current cost of Greene's ending inventory for the years 2010, 2011, and 2012. On December 31, 2009, the current cost of the Greene Company's ending inventory was $10,000 when the cost index was 100. On January 1, 2010, Greene adopted the dollar value LIFO method of inventory costing. Information from the company's ending inventory records is as follows: Year 2010 2011 2012 150 160 165 Cost Index 110 125 140 Ending Inventory Reported at Current Prices $11,000 11,250 13,300 16,500 14,400 16,500 16,150 2013 2014 2015 2016 170 Required: Determine the current cost of Greene's ending inventory for the years 2010, 2011, and 2012.