Question: On January 1 , 2 0 2 4 , a company adopted the dollar - value LIFO method. The inventory cost on this date was

On January 1,2024,a company adopted the dollar-value LIFO method. The inventory cost on this date was $100,400. The ending inventory, valued at year-end costs, and the relative cost index for each of the next three years is in picture.
What inventory balance would the company report on its 12/31/2026 balance sheet?
Multiple Choice
$129,400
$131,260
$155,280
None of the other answer choices are correct.
On January 1 , 2 0 2 4 , a company adopted the

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