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Reformulating Balance Sheet and Income Statement Items for LIFO to FIFO In its December 2016 10-K, LyondellBasell Industries reported the following information ($ millions). Reformulate

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Reformulating Balance Sheet and Income Statement Items for LIFO to FIFO In its December 2016 10-K, LyondellBasell Industries reported the following information (\$ millions). Reformulate the account balance for the following financial statement items assuming the company used FIFO instead of LiFO for its inventory costing method. The company has a 35% tax rate. Note: Round answers to the nearest whole number

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