Current Attempt in Progress

Maria, the manager of Sheridan Company is given a bonus based on net income before taxes. The net income is $$52030$ for FIFO and

$$43000$ for LIFO. The tax rate is $30\%.$ The bonus rate is $20\%.$ How much higher is the manager's bonus if FIFO is adopted instead of

LIFO?

$$2580$

$$12900$

$$9030$

$$18060$