Michael made the following deposits in a fund paying annual effective rate of interest of 3.5%: (i) $60 at the beginning of years 1 - 11 (ii) No deposits at the beginning of years 12 - 16 (iii) $100 at the beginning of years 17 - 35. How much did Michael accumulate at the end of 35 years

Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?