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Waterway Industries had January 1 inventory of $309000 when it adopted dollar-value LIFO. During the year, purchases were $1820000 and sales were $2940000. December 31

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Waterway Industries had January 1 inventory of $309000 when it adopted dollar-value LIFO. During the year, purchases were $1820000 and sales were $2940000. December 31 inventory at year-end prices was $424020, and the price index was 111. What is Waterway Industries's ending inventory? O $309000. O $424020. O $382000. O $390030

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