Need to calculate the price index for the question below:

Problem 8-08 [Part Level Submission} Brian's Televisions produces television sets in three categories: portable, midsize, and atscreen. On January 1, 2020, Brian adopted dollarvalue LIFE} and decided to use a single inventory pool. We company's January 1 inventory consists of: Eategorry Quilnlitylr (lost per Unit Total Cost Portable 15,000 $100 $ 1,500,000 Midsize 20,000 250 5,000,000 Flatscreen 2,500 400 3,000,000 42,500 $9,500,000 During 2020, the company had the following purchases and sales. Quilnlitylr Quilnlitylr Selling Price Eategorry Purchased Dost per Unit Sold per Unit Portable 3?,500 $110 35,000 $150 Midsize 50,000 300 60,000 400 Flatscreen 25,000 500 15,000 I500 112,500 110,000 V {all E] Your answer is incorrect. Try again. Calculate price index. {Round price index to 4 decimal places, e.g. 1.4562}