Use the following information to answer the next three questions. On December 31, 2015, Bard Corp. adopted the dollar value LIFO inventory method. The base inventory layer established at that time was $400,000 with a cost index of 1.00. Inventory data. for 2016 through 2018 is as follows: Inventory at Year Endec Year-end Cost 413,100 422,100 Cost Index 12/31/2016 1.02 12/31/2017 1.05 Question 37 2 pts Inventory should appear in the 12/31/2016 balance sheet at: $405,100 $405,000 $413,100 $421,362