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View Policies Current Attempt in Progress Bramble Company's inventory records show the following data: A physical imventory on December 31 shows 4400 units on I.and.

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View Policies Current Attempt in Progress Bramble Company's inventory records show the following data: A physical imventory on December 31 shows 4400 units on I.and. Bramble sells the units for $15 each. The company has an effective tax rate of 20%. Bramble uses the periodic inventory method. What is the difference in taxes if LIFO rather than FIFO is used? $2048 tax savings $2048 additional taxes \$1842 additional taxes $2816 additional taxes

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