Green Chemicals sells liquid chemicals to factories. They use a LIFO inventory system. For 2022 , their inventory was valued at

$46

million. On their financial statements, they stated that their LIFO reserve is

$3

million. What is Green Chemicals' 2022 inventory assuming FIFO?\ $46 million\

$49

million\

$43

million\

$47.5

million

Green Chemicals sells liqid chemicals to factories. They use a LIFO inventory system. For 2022 , their inventory was valued at $46 million. On their financial statements, they stated that their LIFO reserve is $3 million. What is Green Chemicals' 2022 inventory assuming FIFO? $46 million $49 million $43 million $47.5 million