8.13: The Tital Company adopts dollar-value LIFO inventory on 12/31/16 when its inventory at current price is $45,000. The inventory value on 12/31/17 at current 2017 prices is $65,000. If prices increased by 30% during 2017, the dollar-value LIFO inventory at 12/31/17 will be

A : $58,000.

B : $51,500.

C : $65,000.

D : $48,700.

I need help with this exercise please explain step by step. Thanks