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Marigold Corp. had the following inventory transactions occur during 2022 Feb. 1. 2022 Mar. 14,2022 May 1, 2022 Purchase Purchase Purchase Units 70 121 86

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Marigold Corp. had the following inventory transactions occur during 2022 Feb. 1. 2022 Mar. 14,2022 May 1, 2022 Purchase Purchase Purchase Units 70 121 86 Cost/unit $70 $73 $76 The company sold 199 units at $98 each and has a tax rate of 30%. Assuming that a periodic inventory system is used, what is the company's gross profit using FIFO? O $4717 $5161 $14785 $14341

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