Udon Inc. adopted dollar-value LIFO (DVL) as of January 1, 2013, when it had an inventory of $705,000. Its inventory as of December 31, 2013, was $779,100 at year-end costs and the cost index was 1.06. What was DVL inventory on December 31, 2013?

$779,100

$735,000

$736,800

$747,300