Question 9 of 12 < > View Policies Show Attempt History Current Attempt in Progress Your answer is incorrect. 0/1 E Waterway Industries adopted the dollar-value LIFO method of inventory valuation on December 31, 2019. Its inventory at that date was $1108000 and the relevant price index was 100. Information regarding inventory for subsequent years is as follows: Date Inventory at Current Prices Current Price Index December 31, 2020 $1278000 105 December 31, 2021 1451000 123 December 31, 2022 1627000 128 What is the cost of the ending inventory at December 31, 2021 under dollar-value LIFO? (Round intermediate calculations and final answer to O decimal places, e.g. 10,000.) $1183259. O $1217143. $1179675. $1176675. eTextbook and Media Save for Later Assistance Used Attempts: 2 of 3 used Submit Answer