The Acute Company manufactures a single product. On December 31, 2006 Acute adopted the dollar-value LIFO inventory method. It computes the inventory on that date using the dollar-value LIFO inventory method as $300,000. Inventory data for succeeding years are as follows:

Required
Compute the inventory amounts at December 31, 2007, 2008, and 2009, using the dollar-value LIFO inventory method for eachyear.

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Inventory at Respective Year-End Prices Relevant Price Index Base Year 2003 1.10 1.20 1.25 Year Ended December 31 2007 2008 2009 $363,000 420,000 430,000