Wildhorse Company had a January $1$ inventory of $$295000$ when it adopted dollar$-$value LIFO. During the year, purchases were

$$1820000$ and sales were $$3080000.$ December $31$ inventory at year$-$end prices was $$371520,$ and the price index was $108.$

What is Wildhorse Company$$s gross profit?

$$1312920$

$$1336520$

$$1308020$

$$2732080$