Nova Corporation adopted dollar-value LIFO on January 1, 2011, when the inventory value was $500,000 and the cost index was 1.0. On December 31, 2011, the inventory value at year-end costs was $535,000 and the cost index was 1.06. Nova would report a LIFO inventory of

$504,717

$530,000

$505,000

$533,019.