Opera Corp. uses dollar-value LIFO method of computing its inventory cost. Data for the past three years is as follows: Year ended December 31 2016 2017 2018 Inventory at End-of-year Prices $ 650,000 1,260,000 1,350,250 *Price Index 1.00 1.05 1.10 What is the 2017 inventory balance using dollar-value LIFO? $1,227,500. O $1,260,000. O $1,285,000 O $1,257.500