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4 points On 1/1/2020, Company A adopted the dollar value LIFO inventory method for income tax and external financial reporting purposes. The following data are available for inventory, which comprises products A, B and C: Question 6 of 25 Save Answe Inventory (1/1/2020) Base-Year No. of Units Unit Cost Inventory (12/31/2020) No. of Units Current-Year Unit Cost Inventory (12/31/2021) Current-Year No. of Units Unit Cost 2 B 3 27,000 18,000 32,000 4 33,000 24,000 14,000 4 C 6 7 40,000 35,000 5,000 6 8 7 What is the price index for 2021 approximately assuming the price index for 1/1/2020 is 1? O 1.16 O 1.59 O 1.09 O 1.14