33 8 00:51:21 Nu Company reported the following pretax data for its first year of operations. Net sales Cost of goods available for sale Operating expenses Effective tax rate Ending inventories: If LIFO is elected If FIFO is elected What Is Nu's net income if it elects FIFO? Multiple Choice $328 $1,430 $570 $456 2,810 2,460 860 20% 920 1,080