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Question 8 of 29 -12 E View Policies Current Attempt in Progress Blue Spruce Corp. had the following inventory transactions occur during 2022: Feb 1,

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Question 8 of 29 -12 E View Policies Current Attempt in Progress Blue Spruce Corp. had the following inventory transactions occur during 2022: Feb 1, 2022 Purchase Mar. 14.2022 Purchase May 1, 2022 Purchase Units 104 180 Cost/unit $104 $109 $114 128 The company sold 296 units at $146 each and has a tax rate of 30%. Assuming that a periodic inventory system is used, and operating expenses of $2900, what is the company's after-tax income using LIFO? $4856.88 $5188.40 $6938.40 $7412.00 Save for Later Attempts: 0 of 1 used Submit Anwee

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