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Springer Anderson Gymnastics prepared its annual financial statements dated December 3 1 . The company reported its inventory using the LIFO inventory costing method but
Springer Anderson Gymnastics prepared its annual financial statements dated December The company reported its inventory using the LIFO inventory costing method but did not compare the cost of its ending inventory to its market value replacement cost The preliminary income statement follows: 
Springer Anderson Gymnastics prepared its annual financial statements dated December The company reported its inventory using the LIFO inventory costing method but did not compare the cost of its ending inventory to its market value replacement cost The preliminary income statement follows:
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