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Current Attempt in Progress Blossom Company had the following inventory transactions occur during 2017: Units Cost/unit Feb. 1, 2017 Purchase 106 $106 Mar. 14, 2017

Current Attempt in Progress Blossom Company had the following inventory transactions occur during 2017: Units Cost/unit Feb. 1, 2017 Purchase 106 $106 Mar. 14, 2017 Purchase 183 $111 May 1, 2017 Purchase 130 $116 The company sold 301 units at $149 each and has a tax rate of 30%. Assuming that a periodic inventory system is used, what is the company's gross profit using LIFO? (rounded to whole dollars) $32941 O $11908 $ 10788 O $34061

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