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8 pts Dole Industries had the following inventory transactions occur during 2017: Dole Industries had the following inventory transactions occur during 2017: Units Cost/unit 90
8 pts Dole Industries had the following inventory transactions occur during 2017: Dole Industries had the following inventory transactions occur during 2017: Units Cost/unit 90 Purchase Purchase Purchase $90 $94 Feb. 1. 2017 Mar. 14. 2017 May 1, 2017 155 110 $98 The company sold 255 units at $126 each and has a tax rate of 30%. Assuming that a periodic inventory system is used and operating expenses of $2,500, what is the company's after-tax income using LIFO? (rounded to whole dollars) $5.220 $5,404 $4,186 Correct Answer $3,654 $32,130 $24,410 $23,650 None of the answers provided
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