Inventory Methods Based on Income and Cash Flow Effects LO7-2, 7-3 The following information applies to the questions displayed below. units at $39; expenses (excluding income taxes) $194,000; ending inventory per physical count at December 31, current year, 1,800 units sales, 8,250 units; sales price per unt, $79: and average income tax rate, 32 percent Based on Income and Cash Flow Effects LO7-2,7.3 E7-11 Part 1 8