Coronado Industries adopted the dollar-value LIFO method of inventory valuation on December 31, 2016. Its inventory at that date was $1105000 and the relevant price index was 100. Information regarding inventory for subsequent years is as follows:

DateInventory at

Current PricesCurrent

Price IndexDecember 31, 2017$1281000105December 31, 20181450000125December 31, 20191625000130

What is the cost of the ending inventory at December 31, 2019 under dollar-value LIFO?

$1250000.

$1310750.

$1267750.

$1279750.