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Marigold Industries had the following inventory transactions occur during 2018: 2/1/18 Purchase 3/14/18 Purchase 5/1/18 Purchase Units 60 96 60 Cost/unit $40 $45 $46 The

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Marigold Industries had the following inventory transactions occur during 2018: 2/1/18 Purchase 3/14/18 Purchase 5/1/18 Purchase Units 60 96 60 Cost/unit $40 $45 $46 The company sold 156 units at $80 each and has a tax rate of 20%. Assuming that a peridic inventory system is used, what is the company's after-tax income using LIFO?(rounded to whole dollars) O $4320. $4483 O $5634. 0 $5400

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