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What effect has the use of LIFO inventory costing had on Deere's tax liability for 2 0 1 6 only ( assume a 3 5

What effect has the use of LIFO inventory costing had on Deere's tax liability for 2016 only (assume a 35% income tax rate)?
Select one:
A.
$130 million tax savings
B.
$396 million tax savings
C.
$ 85 million tax savings
D.
$ 45.5 million tax savings

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