Sheridan Company 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			$1284000			105
December 31, 2021			1445000			123
December 31, 2022			1627000			128

What is the cost of the ending inventory at December 31, 2022 under dollar-value LIFO? (Round intermediate calculations and final answer to 0 decimal places, e.g. 10,000.)

$1295094.

$1271094.

$1301397.

$1338094.