What would Winnebago Industries’ ending inventory have been if it had used FIFO?

Winnebago Industries, Inc. is a leading manufacturer of motor homes. Winnebago reported ending inventory at August 25, 2007, of $101,208,000 under the LIFO inventory method. In the notes to its financial statements, Winnebago reported a LIFO reserve of $32,705,000 at August 25, 2007. What would Winnebago Industries’ ending inventory have been if it had used FIFO?

 

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