An entity that measures its inventory using the dollar-value LIFO method had an inventory LIFO layer added of $34,000,000 in Year 1 and an inventory LIFO inventory added of $41,000,000 in Year 2 (both at base-year costs). The entitys computed price index was 0.90 in Year 1 and 1.08 in Year 2. Based on the above, which of the following conclusions regarding dollar-value LIFO is correct?

A. Ending inventory in Year 2 under dollar-value LIFO will be below the comparable base-year cost.

B. Beginning inventory in Year 1 is lower under dollar-value LIFO than comparable base-year cost.

C. Ending inventory in Year 1 under dollar-value LIFO will be above the comparable base-year cost.

D. Ending inventory in Year 2 under dollar-value LIFO will be above the comparable base-year cost.