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Given the following data by how much would taxable income change if FIFO is used...

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Accounting

Given the following data by how much would taxable income change if FIFO is used rather than LIFO? *My Work Begginging Inventory 3,000 units at $60 =180,000 Purchases 7,000 units at $70 =490,000 Units sold 8,000 = 10,000 total units 8,000 sold 2,000 remain I do not know where to go from here

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