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Current Attempt in Progres Vaughn Manufacturing adopted the dollar-value LIFO method of inventory valuation on December 31, 2019. Its inventory at that date was $1102000

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Current Attempt in Progres Vaughn Manufacturing adopted the dollar-value LIFO method of inventory valuation on December 31, 2019. Its inventory at that date was $1102000 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 Current Prices Price Index $1287000 107 1440000 125 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 decimal places, eg. 10,000.) O $1284899 $1318538 O $1275538 0 $1251538

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