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Marigold Company's inventory records show the following data: A physical inventory on December 31 shows 4200 units on hand. Marigold sells the units for $13

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Marigold Company's inventory records show the following data: A physical inventory on December 31 shows 4200 units on hand. Marigold sells the units for $13 each. The company has an effective tax rate of 24%. Marigold uses the periodic inventory method. Under the FIFO method, the December 31 inventory is valued at $37867. $39480. $38560. $33600

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