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Tiger Inc. adopted dollar-value LIFO on January 1, 2006, when the inventory value was $360,000...

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Accounting

Tiger Inc. adopted dollar-value LIFO on January 1, 2006, when the inventory value was $360,000 and the cost index was 1.25. On December 31, 2006, the inventory was valued at year-end cost of $395,000 and the cost index was 1.30. Tiger would report a dollar-value LIFO inventory of:

A. $410,800

B. $374,400

C. $379,808

D. $380,600

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