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Bonita Industries adopted the dollar-value LIFO method of inventory valuation on December 31, 2019. Its inventory at that date was $1104000 and the relevant price

Bonita Industries adopted the dollar-value LIFO method of inventory valuation on December 31, 2019. Its inventory at that date was $1104000 and the relevant price index was 100. Information regarding inventory for subsequent years is as follows:

Date Inventory at Current Prices Current Price Index
December 31, 2020 $1276000 107
December 31, 2021 1458000 125
December 31, 2022 1627000 130

What is the cost of the ending inventory at December 31, 2022 under dollar-value LIFO? (Round intermediate calculations and final answer to 0 decimal places, e.g. 10,000.)

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