On january 1 2009the sato company adopted the dollar-value

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On January 1, 2009,the Sato Company adopted the dollar-value LIFO method of inventorycosting. The company's ending inventory records appear asfollow:

Year                            CurrentCost           Index

2009                             $40,000                  100

2010                              56,100                   120

2011                              58,500                   130

2012                              70,000                   140

Compute the ending inventory for the year 2009, 2010, 2011, and 2012, using the dollar-value LIFO method (round to the nearest dollar).

Reference no: EM13482466

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