Question 21 of 40 > -/2.5 View Policies Current Attempt in Progress Sheridan Company adopted the dollar value LIFO method of inventory valuation on December 31, 2019. Its inventory at that date was $1101000 and the relevant price index was 100. Information regarding inventory for subsequent years is as follows: Date December 31, 2020 December 31, 2021 December 31, 2022 Inventory at Current Current Prices Price Index $1271000 105 1440000 123 1623000 128 What is the cost of the ending inventory at December 31, 2021 under dollar-value LIFO?(Round intermediate calculations and final answer to 0 decimal places, e.g. 10,000.) $1174219. $1167732 $1170732 $1210476