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If inventory costs are rising and a company is usingLIFO, large purchases of inventory near the end of the yearwill: A. increase income taxes paid.

If inventory costs are rising and a company is usingLIFO, large purchases of inventory near the end of the yearwill:

A.

increase income taxes paid.

B.

not change the amount of income taxes paid.

C.

decrease income taxes paid.

D.

cannot be determined.

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