Help A company has the following information available that was used to report ending Inventory using the dollar-value LIFO method. Save & Save a Year Year-End Cost 12/31/2020 $320,000 12/31/2021 347,600 Cost Index 1.05 1.08 For the year ended 12/31/2021, the company reported ending inventory at its year-end cost of $347.000. Which of the following statements is correct? Multiple Choice Most of the ending inventory should be reported at a cost index of 100 with the remainder as 105 Most of the ending inventory should be reported at a cost index of 105, with the remainder et 100 The company should have multipled 347000 by 10 to determine ending inventory The company should have divided 347000 by 105 to determine ending inventory