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Carla Vista Company had a January 1 inventory of $300000 when it adopted dollar-value LIFO. During the year, purchases were $1830000 and sales were $3070000.

Carla Vista Company had a January 1 inventory of $300000 when it adopted dollar-value LIFO. During the year, purchases were $1830000 and sales were $3070000. December 31 inventory at year -end prices was $ 388640, and the price index was 112. What is Carla Vista Company's gross profit? a. $1287940 b. $1328640 c. $2717360 d. $1292640

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