On January 1, 2018, Badger Inc. adopted the dollar-value LIFO method. The inventory cost on this date was $100,700. The ending inventory, valued at year-end costs, and the relative cost index for each of the next three years is below:

Year-end	Ending inventory at year-end costs				Cost Index
2018	$	128,205				1.05
2019		146,080				1.10
2020		156,540				1.20

In determining the inventory balance should Badger report in its 12/31/2019 balance sheet: