A company uses the LIFO accounting method for inventory. They have provided the following information:

	31-Dec-15	31-Dec-16
Inventory reported on balance sheet	$375,000	$415,000
LIFO reserve	$20,000	$30,000

To convert the LIFO method to FIFO, the company's inventory at 31 December 2016 would be:

Select one:

A. $395,000

B. $425,000.

C. $385,000.

D. $445,000