Stratford Company uses the LIFO method and discloses the following information about their inventory: 2020 2019 Inventory at Current Cost $3,569 $4,284 Less Lifo Reserve Inventory at LIFO The tax rate is 21%. $989 $762 $2,580 $3,522 Income before tax under LIFO is $19,865. Round all your answers to the nearest dollar. What is the cumulative amount they have saved in taxes over the life of the firm? $781 What is income before tax if they used FIFO? $20,854