Connie Chung Corporation adopted the dollar-value LIFO retail inventory method on January 1, 2013. At that time the inventory had a cost of $57,000 and a retail price of $100,000. The following information is available.
Year-End
Inventory at Retail Current Year
Cost-Retail % Year End
Price Index
2013 $127,330 57% 107
2014 140,120 59% 113
2015 128,700 61% 117
2016 170,180 56% 127
The price index at January 1, 2013, is 100.
Compute the ending inventory at December 31 of the years 2013-2016. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answers to 0 decimal places, e.g. 28,987)