#32 pts. Tahquamenon Co. adopted the dollar-value LIFO method of inventory valuation on December 31, 2017. Its inventory at that date was $1,050,000 and the relevant price index was 100. Information regarding inventory for subsequent years is presented below. What is the cost of the ending inventory at December 31, 2020 under dollar- value LIFO? Use any number of columns or rows you need. Reference cells. Round to whole dollars. Highlight your answer in yellow and put a thick outside border around the cell. Price-Index Inventory in Base Year Prices Layer- Year Price- Index for Layers of Inventory Ending Inventory (End-of-Year Prices) 2017 $ 1,050,000 2018 $ 1,284,000 $ Value LIFO Total for that year. that year 100 106 2019 $ 1,450,000 128 2020 $ 1,625,500 130 Check Figure: $ 1,290,625 #32 pts. Tahquamenon Co. adopted the dollar-value LIFO method of inventory valuation on December 31, 2017. Its inventory at that date was $1,050,000 and the relevant price index was 100. Information regarding inventory for subsequent years is presented below. What is the cost of the ending inventory at December 31, 2020 under dollar- value LIFO? Use any number of columns or rows you need. Reference cells. Round to whole dollars. Highlight your answer in yellow and put a thick outside border around the cell. Price-Index Inventory in Base Year Prices Layer- Year Price- Index for Layers of Inventory Ending Inventory (End-of-Year Prices) 2017 $ 1,050,000 2018 $ 1,284,000 $ Value LIFO Total for that year. that year 100 106 2019 $ 1,450,000 128 2020 $ 1,625,500 130 Check Figure: $ 1,290,625