Please solve for price index, the answer is not 1.02441

The dollar value lifo is given

Your answer is partially correct. Sandhill Company has used the dollar-value LIFO method since January 1, 2017. Sandhill uses internal price indexes and multiple pools. At the end of calendar year 2018, the following data are available for Sandhill's inventory pool A Inventory January 1, 2017 December 31, 2017 December 31, 2018 At Base-Year Cost $1,000,000 1,220,000 1,270,000 At Current-Year Cost $1,000,000 1.342.000 1,498,600 Computing an internal price index and using the dollar-value LIFO method, at what amount should the inventory in Pool Abe reported at December 31, 2018? December 31, 2018 1301000 Price Index Assistance Used $ Dollar-value LIFO inventory Attempts unlimited