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Sunland Company adopted the dollar-value LIFO method of inventory valuation on December 31, 2016. Its inventory at that date was $ 1020000 and the relevant

Sunland Companyadopted the dollar-value LIFO method of inventory valuation on December 31, 2016. Its inventory at that date was $1020000and the relevant price index was100. Information regarding inventory for subsequent years is as follows:

DateInventory at

Current PricesCurrent

Price IndexDecember 31, 2017$1184490107December 31, 20181450000125December 31, 20191625200130

What is the cost of the ending inventory at December 31, 2017 under dollar-value LIFO?

$1113090.

$1091400.

$1107000.

$1184490.

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