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please help me on this The following inventory data are available for Hutchinson for the year 2020: FIFO LIFO Beginning 317,300 285,200 Ending 380,700 327700

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The following inventory data are available for Hutchinson for the year 2020: FIFO LIFO Beginning 317,300 285,200 Ending 380,700 327700 8 02:18:26 Assuming an income tax rate of 32%, if Hutchinson elects LIFO instead of approximately Multiple Choice O $14,212 higher O $14,212 lower O $36,040 higher

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