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A company has the following: The company sold 1 0 0 units at $ 7 5 each on December 2 3 . The company's tax

A company has the following:
The company sold 100 units at $75 each on December 23. The company's tax rate is 20%.
Operating expenses are $1,000. The company uses the perpetual inventory system. What is
the company's gross profit using LIFO?
$3,235
$3,655
$3,885
$3,145
$4,355
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