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108 . When the income effect of a LIFO liquidation is material , the SEC requires that the 10 -Kreport discloseA . the dollari impact

image text in transcribed 108 . When the income effect of a LIFO liquidation is material , the SEC requires that the 10 -Kreport discloseA . the dollari impact of LIFO dipping on both a before - and after-tax basisB . the dollar impact of LIFO dipping on the year - end inventory balanceC . this fact following a prescribed formaD . the dollar impact of LIFO dipping on income

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