Crane Company adopted the dollar-value LIFO method of inventory valuation on December 31, 2019. Its inventory at that date was $1120000 and the relevant price index was 100. Information regarding Inventory for subsequent years is as follows: Date December 31, 2020 December 31, 2021 December 31, 2022 Inventory at Current Prices $1271000 1417000 1623000 Current Price Index 108 126 131 What is the cost of the ending Inventory at December 31, 2020 under dollar-value LIFO? (Round intermediate calculations and final answer to o decimal places, e.g. 10,000.) $1176852. $1209600 $1271000 $1181400