Farr Co Adopted the Dollar-Value LIFO Inventory Method on December 31

Multiple Choice

Farr Co. adopted the dollar-value LIFO inventory method on December 31, 2014. Farr's entire inventory constitutes a single pool. On December 31, 2014, the inventory was $640,000 under the dollar-value LIFO method. Inventory data for 2015 are as follows: Using dollar value LIFO, Farr's inventory at December 31, 2015 is

A) $704,000.
B) $816,000.
C) $800,000.
D) $880,000.