Question: 2 Questions I have the answer need explanation how to get it 1.) ODea, Inc. has the following inventory data: July 1 Beginning Inventory 20

2 Questions I have the answer need explanation how to get it

1.) ODea, Inc. has the following inventory data: July 1 Beginning Inventory 20 units at $19 $380 July 7 Purchases 70 units at $20 $1,400 July 22 Purchases 10 units at $22 $220 100 $2,000 A physical count of merchandise inventory on July 31 revealed that there are 32 units on hand. Using the LIFO inventory method, what is ending inventory for July? the answer is: $620 how can you show calculations

2.) Which of the following line items would not be found on the multiple-step income statement? the answer is: comprehensive Income. can you explain why

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