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was $550,000 and the relevant price index was 100. Information
regarding inventory for subsequent years is as follows:

Date

Current Prices

Inventory at

Current

Price Index

December 31, 2014
107

$642,000

December 31, 2015

725,000

125

December 31, 2016

812,500

130

What is the cost of the ending inventory at December 31, 2014
under dollar-value LIFO?