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Marigold Corp. adopted the dollar-value LIFO method of inventory valuation on December 31, 2019. Its inventory at that date was $1030000 and the relevant

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Marigold Corp. adopted the dollar-value LIFO method of inventory valuation on December 31, 2019. Its inventory at that date was $1030000 and the relevant price index was 100. Information regarding inventory for subsequent years is as follows: Inventory at Date Current Prices Current Price Index December 31, 2020 $1277000 107 December 31, 2021 1411000 125 December 31, 2022 1622000 130 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.) O $1277000. O $1193458. O $1102100. O $1204900.

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