Sunland Company had January 1 inventory of $297000 when it adopted dollar-value LIFO. During the year, purchases were $1890000 and sales were $3090000. December 31 inventory at year-end prices was $440700, and the price index was 113. What is Sunland Companys ending inventory? $440700. $297000. $390000. $402090.

Sunland Company had January 1 inventory of $297000 when it adopted dollar-value LIFO. During the year, purchases were $1890000 and sales were $3090000. December 31 inventory at year-end prices was $440700, and the price index was 113. What is Sunland Company's ending inventory? $440700. $297000. $390000. $402090