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Current Attempt in Progress Sheffield Company had ending inventory at end-of-year prices of $116,000 at...

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Accounting

Current Attempt in Progress Sheffield Company had ending inventory at end-of-year prices of $116,000 at December 31, 2019; $139,084 at December 31, 2020; and $156,090 at December 31, 2021. The year-end price indexes were 100 at 12/31/19, 110 at 12/31/20, and 120 at 12/31/21. Compute the ending inventory for Sheffield Company for 2019 through 2021 using the dollar-value LIFO method.

Ending Inventory

2019

2020

2021

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