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At the beginning of 2 0 2 4 , a company adopts the dollar - value LIFO inventory method for its one inventory pool. The

At the beginning of 2024, a company adopts the dollar-value LIFO inventory method for its one inventory pool. The pool's value on
that date was $1,200,000. The 2024 ending inventory valued at year-end costs was $1,575,000 and the year-end cost index was 1.05.
Calculate the inventory value at the end of 2024 using the dollar-value LIFO method.
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