On January 1, 2018, Badger Inc. adopted the dollar-value LIFO method. The inventory cost on this date was $101,300. 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	$	130,095				1.05
2019		148,720				1.10
2020		159,060				1.20

What inventory balance should Badger report on its 12/31/2018 balance sheet?

$129,900

$125,030

$123,900

$101,300