Question: Please provide steps to solution Presented below is information related to Pearl Company. Ending Inventory Price Index 100 110 126 137 147 152 (End-of-Year Date

Please provide steps to solution

Presented below is information related to Pearl Company. Ending Inventory Price Index 100 110 126 137 147 152 (End-of-Year Date Prices) $ 72,600 122,100 119,952 135,630 160,230 190,608 December 31, 2014 December 31, 2015 December 31, 2016 December 31, 2017 December 31, 2018 December 31, 2019 compute the ending inventory for Pearl Company for 2014 through 2019 using the dollar-value LIFO method Ending Inventory 2014 2015 2016 2017 2018 2019

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