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Swifty Corporation uses the FIFO method for internal reportingpurposes and LIFO for external reporting purposes. The balance inthe LIFO Reserve account at the end of

Swifty Corporation uses the FIFO method for internal reportingpurposes and LIFO for external reporting purposes. The balance inthe LIFO Reserve account at the end of 2020 was $271000. Thebalance in 1 answer

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