Gamma uses the dollar-value LIFO method of computing its inventory cost. Data for the past three years is as follows: Year ended December 31 Inventory at End-of-year Prices Price Index 2024 2025 2026 $ 650,000 1.00 $ 1,260,000 1.05 $ 1,350,250 1.10 What is the 2025 inventory balance using dollar-value LIFO? $1,260,000 $1,227,500 $1,285,000 O $1,257,500 Gamma uses the dollar-value LIFO method of computing its inventory cost. Data for the past three years is as follows: Year ended December 31 Inventory at End-of-year Prices Price Index 2024 2025 2026 $ 650,000 1.00 $ 1,260,000 1.05 $ 1,350,250 1.10 What is the 2025 inventory balance using dollar-value LIFO? $1,260,000 $1,227,500 $1,285,000 O $1,257,500