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Sandhill Corporation adopted the dollar-value LIFO method of inventory valuation on December 31,2024 . Its inventory at that date was $1040000 and the relevant price
Sandhill Corporation adopted the dollar-value LIFO method of inventory valuation on December 31,2024 . Its inventory at that date was $1040000 and the relevant price index was 100 . Information regarding inventory for subsequent years is as follows: What is the cost of the ending inventory at December 31,2025 under dollar-value LIFO? (Round intermediate calculations and final answer to 0 decimal places, e.g. 10,000.) $1123200 $1270000 $1175926 $1186800
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