The dollar$-$value LIFO method was adopted by Tamarisk Corp. on January $1,2025.$ Its inventory on that date was $$324,000.$ On

December $31,2025,$ the inventory at prices existing on that date amounted to $$302,400.$ The price level at January $1,2025,$ was $100,$

and the price level at December $31,2025,$ was $112.$

Your answer is correct.

Compute the amount of the inventory at December $31,2025,$ under the dollar$-$value LIFO method.

Inventory $12/31/25$ under dollar$-$value LIFO method

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On December $31,2026,$ the inventory at prices existing on that date was $$339,480,$ and the price level was $115.$ Compute the

inventory on that date under the dollar$-$value LIFO method.

Inventory $12/31/26$ under dollar$-$value LIFO method