ABC, Inc. sells a single product. The company adopted the monetary LIFO method (dollar value LIFO) to value the inventory starting on December 31, 2020. The following is information related to the company's inventory:

Date	Inventory at Current Costs Under FIFO	Price Index
31/12/20	$150,000	1.00
31/12/21	252,000	1.05
31/12/22	402,000	1.15
31/12/23	414,000	1.20

Determine the cost of the inventory as of December 31, 2023 under DVL.

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