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12/31/2018 --> lifo is 239,000 fifo is 273,500 cummulitave diff is 34,500 12/31/2019 --> lifo is 243,000 fifo is 303,000 cummulitative diff is 60,000 12/31/2020
12/31/2018 --> lifo is 239,000 fifo is 273,500 cummulitave diff is 34,500
12/31/2019 --> lifo is 243,000 fifo is 303,000 cummulitative diff is 60,000
12/31/2020 --> lifo is 254,300 fifo is 232,500 cummulitative diff is 69,200
frost reported net income of 2,418,500, 2,320,500, and 1,997,000 in 2018, 2019, and 2020 respectivly. the tax rate is 30%
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