Gross Corporation adopted the dollar-value LIFO method of inventory valuation on December 31, 2019. Its inventory at that date was $1.100.000 and the relevant price index was 100. Information regarding inventory for subsequent years is as follows: Inventory at Current Date Current Prices Price Index I December 31, 2020 $1,284,000 107 December 31, 2021 1,600,000 125 December 31, 2022 1,625,000 130 What is the cost of the ending inventory at December 31, 2021 under dollar-value LIFO? $1,200,000 $1,207.000 $1,384,000 $1,307,000 Question 9