Brown Corporation Elected Dollar-Value LIFO in 2011

Brown Corporation elected dollar-value LIFO in 2011.Its ending inventory at base year cost and its LIFO indexes are as follows:
(1)
(2)
(3)= (1)/(2)
Ending Inventory
Ending Inventory@
At End of the Year Prices
LIFO Index
Base Year Prices
2011
$1,000,000
1.00
$1,000,000
2012
1,100,000
1.06
1,037,736
2013
1,200,000
1.10
1,090,909
2014
1,300,000
1.11
1,171,171
2015
1,250,000
1.20
1,041,667
2016
1,550,000
1.23
1,260,163
​
Compute the LIFO inventory at the end of 2016.