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Given the Following Data, What Would the Income Tax Amount

Question 20

Multiple Choice

Given the following data, what would the income tax amount be if the company uses FIFO? Given the following data, what would the income tax amount be if the company uses FIFO? A) $6,800 B) $8,960 C) $10,200 D) $13,440


A) $6,800
B) $8,960
C) $10,200
D) $13,440

Correct Answer:

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