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Question 24 View Policies Current Attempt in Progress Marigold Corp. has been using the LIFO method of inventory valuation for 10 years, since it began

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Question 24 View Policies Current Attempt in Progress Marigold Corp. has been using the LIFO method of inventory valuation for 10 years, since it began operations. Its 2020 ending invent was $57500, but it would have been $92000 if FIFO had been used. Thus, if FIFO had been used, Marigold's income before income ta would have been $34500 less over the 10-year period. $34500 less in 2020 $34500 greater in 2020. $34500 greater over the 10-year period. e Textbook and Media

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