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2. Conor Company manufactures one product. On December 31, 2019, Conor adopted the dollar-value LIFO...

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Accounting

2. Conor Company manufactures one product. On December 31, 2019, Conor adopted the dollar-value LIFO inventory method. The inventory on that date using the dollar-value LIFO inventory method was $800,000. Inventory data are as follows: Inventory at Price index Year year-end prices (base year 2019) 2020 $1,150,000 1.05 2021 1,140,000 1.10 2022 1,440,000 1.20 Required: Compute the inventory at December 31, 2020, 2021 and 2022, using the dollar-value LIFO method for each year. Excel format please

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