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Crane Company had 580 units of Tank in its inventory at a cost of $6 each. It purchased 910 more units of Tank at a

Crane Company had 580 units of Tank in its inventory at a cost of $6 each. It purchased 910 more units of Tank at a cost of $9 each. Crane then sold 1120 units at a selling price of $15 each. The LIFO liquidation overstated normal gross profit by

$ -0-.

$630.

$990.

$1620.

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