Question: Please answer it clearly: Question 1 The following information relates to the Cheyenne Company. Ending Inventory (End-of-Year Price Prices) Index 100 122 135 139 145

Please answer it clearly:

Please answer it clearly: Question 1 The following information relates to the

Question 1 The following information relates to the Cheyenne Company. Ending Inventory (End-of-Year Price Prices) Index 100 122 135 139 145 Date December 31, 2013 December 31, 2014 December 31, 2015 December 31, 2016 December 31, 2017 $65,700 108,824 117,585 131,216 123,105 Use the dollar-value LIFO method to compute the ending inventory for Cheyenne Company for 2013 through 2017 Ending Inventory 2013 2014 2015 2016 2017

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