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Sandhill Industries had the following inventory transactions occur during 2025 , its first year of operations: The company sold 235 units at $116 each and
Sandhill Industries had the following inventory transactions occur during 2025 , its first year of operations: The company sold 235 units at $116 each and has a tax rate of 30%. Assuming that a periodic inventory system is used, and operating expenses of $2300, what is the company's net income using LIFO? $4346.00$3354.54$3042.20$4792.20
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