Bonita Company has sales revenue of $60900, cost of goods sold of $36200 and operating expenses of $14500 for the year ended December 31. Bonita's gross profit is $30. $10200. 546400 $24700 Attempts: 0 of 1 used Bramble Company's inventory records show the following data: A physical inventory on December 31 shows 4400 units on hand. Bramble sells the units for $15 each. The company has an effective tax rate of 20%. Bramble uses the periodic inventory method. What is the difference in taxes if LIFO rather than FIFO is used? $2048 tax savings $2048 additional taxes $1842 additional taxes $2816 additional taxes