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In its financial statements KRJ Enterprises reported on thousands) net income of 5149 and an effective tax rate of 29%. Total assets at the beginning

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In its financial statements KRJ Enterprises reported on thousands) net income of 5149 and an effective tax rate of 29%. Total assets at the beginning of the year was 52.397 and at the end of the year $2.889. The UFO reserve at the beginning of the year was $381 and at the end of the year $382. Recalculate net income after including the adjustment for LIFO

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