QUESTION $14$

Samsung Inc. uses the dollar$-$value LIFO method of computing its inventory cost. Data for the past three years is as follows:

$\backslash$table$[[$Year ended,Inventory at$,$Price$],[$December $31.,$End$-$of$-$year Prices,Index$],[2024,$$$650,000,1\mathrm{.}00],[2025,1,260,000,1\mathrm{.}05],[2026,1,350,250,1\mathrm{.}10]]$

What is the $2024$ inventory balance using dollar$-$value LIFO?

$$650,000$

$$619,040$

$$1,227,270$

$$1,350,250$