Use the Following Information for Questions

Multiple Choice

Use the following information for questions.
Gross Corporation adopted the dollar-value LIFO method of inventory valuation on December 31, 2009.Its inventory at that date was $220,000 and the relevant price index was 100.Information regarding inventory for subsequent years is as follows:
-What is the cost of the ending inventory at December 31, 2011 under dollar-value LIFO?

A) $232,000.
B) $231,400.
C) $232,840.
D) $240,000.