Michael Jones Company has adopted the dollarvalue LIFO method in 2018. At December 31, 2018, the ending inventory at

dollarvalue LIFO is $103,000, with a price index of 1.00. At December 31, 2019, the ending inventory using FIFO is $125,000. The price index is 1.3 in 2019. Round all dollar amounts to the nearest dollar. What is the ending inventory using dollarvalue LIFO at December 31, 2019?

A.$125,000

B.$96,154

C.$199,154

D.$103,000