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Questo po Mason Co. adopted the dollar-value LIFO method of inventory valuation to compute its ending Inventory. Information regarding Inventory for subsequent years is as

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Questo po Mason Co. adopted the dollar-value LIFO method of inventory valuation to compute its ending Inventory. Information regarding Inventory for subsequent years is as follows: Inventory at Current Date Current Prices Price Index December 31, 2019 $ 110,000 100 December 31, 2020 128,400 107 December 31, 2021 145,000 125 What is the cost of the ending inventory at December 31, 2020 under dollar-value LIFO? O$ 120,000 $ 128,400 $ 139,305 $ 120,700

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