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Sunland Company had 700 units of Tank in its inventory at a cost of $6 each. It purchased 950 more units of Tank at a

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Sunland Company had 700 units of Tank" in its inventory at a cost of $6 each. It purchased 950 more units of Tank" at a cost of $9 each. Sunland then sold 1060 units at a selling price of $15 each. The LIFO liquidation overstated normal gross profit by $750. $330. $1080. O $-0

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