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What inventory should Badger report on balance sheet

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Question - On January 1, 2010, Badger Inc. adopted the dollar-value LIFO method. The inventory cost on this date was $100,300. The ending inventory, valued at year-end costs, and the relative cost index for each of the next three years is below:

Year-end

Ending inventory at year-end costs

Cost Index

2018

$126,945

1.05

2019

144,320

1.10

2020

154,860

1.20

Required - What inventory should badger report on 12/31/2018 balance sheet?

Reference no: EM132276677

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