05:31 PM / Remaining: 92 min. CALCULATOR BACK NEX Question 26 Sunland Company adopted the dollar-value LIFO method of inventory valuation on December 31, 2019. Its inventory at that date was $1104000 and the relevant price Index was 100. Information regarding inventory for subsequent years is as follows: Date December 31, 2020 December 31, 2021 December 31, 2022 Inventory at Current Prices $1280000 1454000 1625000 Current Price Index 107 125 130 What is the cost of the ending Inventory at December 31, 2021 under dollar-value LIFO? O $1163200 $1196262 $1160200. $1167344 Question Attempts of 1 used