*Update - The Service Engine Soon light went off and I've passed Inspection.
Reluctantly, I purchased and installed a new Bank 1 Sensor 1 O2 sensor (front passenger side). OReilly advised I must drive about 75 miles on the car before the computer would reset. So, I drove and about 80 miles later, the Service Engine light went off. Prior to paying for the inspection yesterday, I told the tech of my ordeal. He said I should drive 50-100 miles "AFTER" the Service Engine Soon light went off so the computer would cycle and erase the codes. So, I drove about 50 miles. As I mentioned, my '01 Mitsu Montero Limited passed inspection. Yippee! Total cost was about $200 for both O2 sensors.