The Shill Company Uses the Dollar-Value LIFO Method for Valuing

Multiple Choice

The Shill Company uses the dollar-value LIFO method for valuing inventory. The following inventory information is available at the end of the year:
$\begin{array}{lrl}\text { Year } & \text { Year-End Price } & \text { Price Index } \\\hline1 & \$ 200,000 & 100 \\2 & 250,000 & 105 \\3 & 296,000 & 108 \\4 & 286,000 & 110\end{array}$
-The inventory under dollar-value LIFO at the end of Year 3 is

A) $274,074.
B) $276,800.
C) $278,857.
D) $300,000.