Bond Company adopted the dollar-value LIFO inventory method on January 1, 2018. In applying the LIFO method, Bond uses internal cost indexes and the multiple-pools approach. The following data were available for Inventory Pool No. 3 for the two years following the adoption of LIFO:

	Ending Inventory
Year	At Current Cost				At Base Year Cost				Cost Index
1/1/2018	$	307,000			$	307,000				1.00
12/31/2018		351,540				325,500				1.08
12/31/2019		434,390				359,000				1.21

Under the dollar-value LIFO method, the inventory at December 31, 2019, should be

Multiple Choice

• $367,515.

• $359,000.

• $360,480.

• None of these answer choices are correct.