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12. Issa Industries had the following inventory transactions occur during 2022 : The company sold 150 units at $70 each and has a tax rate

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12. Issa Industries had the following inventory transactions occur during 2022 : The company sold 150 units at $70 each and has a tax rate of 30%. Assuming that a periodic inventory system is used, what is the company's after-tax income (rounded to whole dollars) using FIFO? $2,486 $3,318 $3,552 $2,322

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