On January 1, 2013, Avondale Lumber adopted the dollar-value LIFO inventory meth

Question

On January 1, 2013, Avondale Lumber adopted the dollar-value LIFO inventory method. The inventory value for its one inventory pool on this date was $295,000. An internally generated cost index is used to convert ending inventory to base year. Year-end inventories at year-end costs and cost indexes for its one inventory pool were as follows:

Calculate inventory amounts at the end of each year.

I have Answered the first two.

12/31/13 $373,280

12/31/14 $370,190

I need answers for

12/31/15

and

12/31/16

Thanks

On January 1, 2013, Avondale Lumber adopted the dollar-value LIFO inventory method. The inventory value for its one inventory pool on this date was $295,000. An internally generated cost index is used to convert ending inventory to base year. Year-end inventories at year-end costs and cost indexes for its one inventory pool were as follows:

Explanation / Answer

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