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Question Completion Status: 38 39 40 41 42 43 44 45 46 47 48 49 -> Moving to another question will save this response. Question 24 The following information is taken from the footnotes of Loren Inc. regarding its inventory disclosures Ending Inventory dollar amounts under LIFO and FIFO Cost Method 12/31/19 12/31/18 FIFO $252,000 $235,000 LIFO 234.000 221,000 If Loren reports cost of goods sold in the amount of $983,000 for 2019 using a FIFO cost method, determine the amount 5987.000 5979.000 51.001.000 5965.000 Not enough information to determine Moving to another question will save this response

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