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Dole Industries had the following inventory transactions occur during 2022: The company sold 255 units at $126 each and has a tax rate of 30%.Assuming that a periodic inventory system is used and operating expenses of $2500 what is the company's after-tax income using LIFO? (rounded to whole dollars)
Dolls
Toys designed to resemble human figures, often used as playthings for children.
Series
A sequence of numbers in which each term after the first is formed by adding a fixed number to the previous term.
Number
A mathematical object used to count, measure, and label.
Economic Rent
The extra income earned by a resource or property due to its unique status or location, over and above its production costs.
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