Sunland Company adopted the dollar-value LIFO method of inventory valuation on December 31, 2019. Its inventory at that date was $1040000 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			$1270000			108
December 31, 2021			1493000			126
December 31, 2022			1625000			131

What is the cost of the ending inventory at December 31, 2020 under dollar-value LIFO? (Round intermediate calculations and final answer to 0 decimal places, e.g. 10,000.)

$1175926.

$1270000.

$1123200.

$1186800.