Question 10 View Policies Current Attempt in Progress The manager of Concord is given a bonus based on net income before taxes. The net income after taxes is $51020 for FIFO and $40800 for LIFO. The tax rate is 30%. The bonus rate is 20%. How much higher is the manager's bonus if FIFO is adopted instead of LIFO? $20440 $14600 $2920 $10220