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Question 13 0.5 pts A company has the following: Units Cost per unit Dec. 1, Beginning balance 40 $41 Dec. 14, Purchase 60 $42 Dec

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Question 13 0.5 pts A company has the following: Units Cost per unit Dec. 1, Beginning balance 40 $41 Dec. 14, Purchase 60 $42 Dec 21, Purchase 55 $43 The company sold 100 units at $80 each and has a tax rate of 20%. Assuming that a periodic inventory system is used and operating expenses are $1,200, what is the company's after tax net income using LIFO? (rounded to whole dollars) $3,145 $2,583 $2,036 $2,545 $3,745

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