Risers Corp adopted the dollar-value LIFO method for costing its inventory last year. The base year layer is valued at $1,200,000. If the current inventory at end of year prices equals $1,656,000 and the price index for the current year is 1.10, what is the ending inventory reported under dollar-value LIFO? $1,656,000. $1,505,454. $1,821,600. $1,536,000.