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Vaughn Manufacturing adopted the dollar-value LIFO method of inventory valuation on December 31, 2019. Its inventory at that date was $1103000 and the relevant price

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Vaughn Manufacturing adopted the dollar-value LIFO method of inventory valuation on December 31, 2019. Its inventory at that date was $1103000 and the relevant price index was 100. Information regarding inventory for subsequent years is as follows: Date December 31, 2020 December 31, 2021 December 31, 2022 Inventory at Current Prices $1272000 1458000 1624000 Current Price Index 107 125 130 What is the cost of the ending Inventory at December 31, 2021 under dollar-value LIFO? $1170838 $1166400 O $1163400 O $1188785

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