Merry Corp. uses the dollar-value-LIFO (DVL) inventory costing method with 2019 as its base year. Information regarding inventory for 2019 – 2021 is as follows:

Date	Ending Inventory at Current Prices (FIFO)	Price Index
12/31/19	$ 690,000	100% or 1.0
12/31/20	825,000	110% or 1.10
12/31/21	1,008,000	112% or 1.12

Question: What should be the cost of inventory on 12/31/21 using the DVL method? Round all calculations to the nearest whole dollar. Reminder: show clear calculations to receive partial credit.

Answer: $____