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Nu Company reported the following pretax data for its first year of operations. Net sales 2,990 Cost of goods available for sale 2,490 Operating expenses

Nu Company reported the following pretax data for its first year of operations. Net sales 2,990 Cost of goods available for sale 2,490 Operating expenses 720 Effective tax rate 20 % Ending inventories: If LIFO is elected 860 If FIFO is elected 1,230 Please help me find What is Nu's net income if it elects FIFO? Thank you

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