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Question 3 of 4 - 5 The management of Cullumber Inc. asks your help in determining the comparative effects of the FIFO and LIFO inventory

Question 3 of 4
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The management of Cullumber Inc. asks your help in determining the comparative effects of the FIFO and LIFO inventory cost flow methods. For 2025, the accounting records show these data. They use the periodic inventory system.
\table[[Inventory, January 1(15,000 units),$52,500
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