On January 1, 2016, Badger Inc. adopted the dollar-value LIFO method. The inventory cost on this date was $110,000. The 2016 ending inventory, valued at year-end costs, was $140,760. The relative cost index for this inventory in 2016 was 1.15. Suppose that Badger's 2017 ending inventory, valued at year-end costs, was $163,350 and that the relative cost index for this inventory in 2017 was 1.21. In determining the inventory balance should Badger report in its 12/31/17 balance sheet: Multiple Choice 0 O An additional layer of $40,950 is added to the 1/1/17 balance 0 An additional layer of $38,304 is added to the 1/1/17 balance. 0 An additional layer of $15,246 is added to the 1/1/17 balance. 0 None of the above is correct