Brown Corporation elected dollar-value LIFO in 2014.Its ending inventory at base year cost and its LIFO indexes are as follows: 
Compute the LIFO inventory at the end of 2019.
Definitions:
Technological Advance
The process of improving or developing new methods, tools, or products to increase efficiency, productivity, or quality in various fields, especially economics and industry.
Government R&D
Research and development activities funded or conducted by the government to advance knowledge, innovation, and technology for public benefit.
Intense Rivalry
Describes a highly competitive state where businesses or entities aggressively vie for market share, customers, or superiority in a particular field.
Technological Change
Innovations and advancements in technology that improve processes, products, or services.
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