Tamarisk Company had ending inventory at end-of-year prices of $114,000 at December 31, 2019; $136,686 at December 31, 2020; and $153,300 at December 31, 2021

Accounting Nov 05, 2020

Tamarisk Company had ending inventory at end-of-year prices of $114,000 at December 31, 2019; $136,686 at December 31, 2020; and $153,300 at December 31, 2021. The year-end price indexes were 100 at 12/31/19, 110 at 12/31/20, and 120 at 12/31/21.

Compute the ending inventory for Tamarisk Company for 2019 through 2021 using the dollar-value LIFO method.

		2019		2020		2021
Ending Inventory		$		$		$

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