6. Cypress Corp. uses dollar-value LIFO. Certain information follows: Year Ending InventoryCurrent Cost Index 2004 $5,000 100 2005 5,610 101 2006 5,304 102 2007 6,042 103 Compute the ending 2007 inventory. a. $5,742 b. $5,888 c. $5,866 d. $5,881 Please show work. Do not use excel

Q: Please show work

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A: Answer B  P220,000

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Q: ending 2007 inventory

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A: Formula:

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