Question: On January 1 , 2 0 2 4 , a company adopted the dollar - value LIFO method. The inventory cost on this date was

On January 1,2024, a company adopted the dollar-value LIFO method. The inventory cost on this date was $100,000. The ending inventory, valued at year-end costs, and the relative cost index for each of the next three years is below:
Year-End Ending Inventory at Year-End Costs Cost Index
2024 $ 126,0001.05
2025143,0001.10
2026153,6001.20
What inventory balance would the company report on its 12/31/2026 balance sheet?

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