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Question - Presented below is information related to Blossom Company.
Date
Ending Inventory (End-of-Year Prices)
Price Index
December 31, 2017
$ 73,000
100
December 31, 2018
255,832
226
December 31, 2019
249,228
258
December 31, 2020
281,960
280
December 31, 2021
336,819
301
December 31, 2022
406,536
312
Compute the ending inventory for Blossom Company for 2017 through 2022 using the dollar-value LIFO method.
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