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Duke Corp. uses the dollar-value LIFO method of computing its inventory cost. Data for the past three years is as follows: $\begin{array}{ccr}\begin{array}{c}\text { Year ended } \\ \text { December 31. }\end{array} & \begin{array}{c}\text { Inventory at } \\ \text { End-of-vear Prices }\end{array} & \begin{array}{c}\text { Price } \\ \text { Index }\end{array} \\ 2018 & \$ 650,000 & 1.00 \\ 2019 & 1,260,000 & 1.05 \\ 2020 & 1,350,250 & 1.10\end{array}$ What is Duke's 2019 inventory balance using dollar-value LFO? $\$ 1,260,000$ $\$ 1.257 .500$ $\$ 1.227 .500$ $\$ 1.285,000$.

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