On January 1, 2018, Badger Inc

Multiple Choice

On January 1, 2018, Badger Inc. adopted the dollar-value LIFO method. The inventory cost on this date was $100,000. The ending inventory, valued at year-end costs, and the relative cost index for each of the next three years is below:
- What inventory balance would Badger report on its 12/31/2020 balance sheet?

A) $128,000.
B) $129,800.
C) $153,600.
D) None of these answer choices are correct.