Question $30$ of $50$

$-13$

Current Attempt in Progress

Sheridan Corporation adopted the dollar$-$value LIFO method of inventory valuation on December $31,2024.$ Its inventory at that date was $$1110000$ and the relevant price index was $100.$ Information regarding inventory for subsequent years is follows:

$\backslash$table$[[$Date$,\backslash$table$[[$Inventory at$],[$Current Prices$]],\backslash$table$[[$Current$],[$Price Index$]]],[$December $31,2025,$$$1290000,106],[$December $31,2026,1441000,124],[$December $31,2027,1621000,129]]$

What is the cost of the ending inventory at December $31,2027$ under dollar$-$value LIFO? $($Round intermediate calculations and final answer to $0$ decimal places, e$.$g$.10,000.)$

$$1280000$

$$1287118$

$$1315636$

$$1256589$