Question: answer this Multiple Choice Question 1) ) Bernie Corp. uses the FIFO inventory method to calculate cost of goods sold for financial reporting purposes. Which

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Multiple Choice Question 1) ) Bernie Corp. uses the FIFO inventory method to calculate cost of goods sold for financial reporting purposes. Which of the following methods can Bernie use for tax purposes? O LIFO and FIFO only O LIFO, FIFO, or weighted-average O FIFO and weighted-average only

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