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(20 pts) A furniture company had 150 tables in stock valued at $100 each. They bought 150 more at 5110 each, and subsequently 150 more
(20 pts) A furniture company had 150 tables in stock valued at $100 each. They bought 150 more at 5110 each, and subsequently 150 more at $120 cach. After that, they sold 300 at $200 each. What is the gross income if inventory is valued using each of the following methods A) FIFO ) LIFO C) Average value
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