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What is Waterway Industries ending inventory

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Question - Waterway Industries had January 1 inventory of $302000 when it adopted dollar-value LIFO. During the year, purchases were $1740000 and sales were $3070000.

What is Waterway Industries's ending inventory?

December 31 inventory at year-end prices was $382800, and the price index was 110.

352600

$348,000.00

$332,200.00

$382,800.00

Reference no: EM132591252

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