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Ryder Corporation adopted the dollar-value LIFO method of inventory valuation on December 31, 2024. Its inventory at that date was $2,200,0 the relevant price

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Ryder Corporation adopted the dollar-value LIFO method of inventory valuation on December 31, 2024. Its inventory at that date was $2,200,0 the relevant price index was 100. Information regarding inventory for subsequent years is as follows: Date December 31, 2025 December 31, 2026 December 31, 2027 Inventory at Current Prices $2,568,000 2,900,000 3,250,000 Current Price Index 107 125 130 What is the cost of the ending inventory at December 31, 2025 under dollar-value LIFO? O $2,568,000 $2,414,000 O $2,400,000 O $2,354,000

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