Inventory for ABC Co had ending inventory at base year process of $100,000 of which $20,000 was adde

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Inventory for ABC Co had ending inventory at base year process of $100,000 of which $20,000 was added last year This is the first year (ie base year us last year) and the index is 104 for the current year What us the amount of Dollar Value LIFO inventory for the current year?

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