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Current Attempt in Progress Sheffield Company's inventory records show the following data: A physical inventory on December 31 shows 4200 units on hand. Sheffield sells

Current Attempt in Progress Sheffield Company's inventory records show the following data: A physical inventory on December 31 shows 4200 units on hand. Sheffield sells the units for $15 each. The company has an effective tax rate of 18%. Sheffield uses the periodicimventory method. Under the UFO method, cost of goods sold is $25200. $163140. $153820. $168100

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