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Blue Spruce Corp. had the following inventory transactions occur during 2022: Units Cost/unit Feb. 1, 2022 Purchase 125 $52 Mar. 14, 2022 Purchase 216 $55
Blue Spruce Corp. had the following inventory transactions occur during 2022: Units Cost/unit Feb. 1, 2022 Purchase 125 $52 Mar. 14, 2022 Purchase 216 $55 May 1, 2022 Purchase 153 $57 ase The company sold 355 units at $73 each and has a tax rate of 30%. Assuming that a periodic inventory system is used and operating expenses of $2088, what is the company's after-tax income using FIFO? $4649.00 $3254.30 O $3996.00 $2797.20
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