On January 1, 2016, TB Corp. adopted the dollar-value LIFO method. The inventory cost on this date was $120,000. The 2016 ending inventory, valued at year-end costs, was $171,000. The relative cost index for this inventory in 2016 was 1.25. Assume that TB's 2017 ending inventory, valued at year-end costs, was $183,400 and that the relative cost index for this inventory in 2016 was 1.31.

Suppose that TB's 2018 ending inventory, valued at year-end costs, was $189,000 and that the relative cost index for this inventory in 2018 was 1.35. What inventory balance would TB report on its 12/31/18 balance sheet?

$140,000

$145,192

None of these answer choices is correct.

$189,000