In 2019,Richard's Department Store Changes Its Inventory Method from FIFO

Multiple Choice

In 2019,Richard's Department Store changes its inventory method from FIFO to LIFO.Richard's uses the simplified LIFO method.Richard's year-end inventory under FIFO is as follows: 2018 - $300,000; 2019 - $350,000.The 2018 price index is 110% and the 2019 index is 120%.The 2019 layer is

A) $19,097.
B) $20,833.
C) $22,727.
D) $50,000.