Question: Computing and Analyzing a LIFO Liquidation Chide's storage facility was shut down due to a strike in December 2020 resulting in a drastic reduction in

Computing and Analyzing a LIFO Liquidation Chide's storage facility was shut down due to a strike in December 2020 resulting in a drastic reduction in inventory. The company had switched to LIFO effective wary 1, 2020, The following ofta are available. Chide is on a calendar year reporting basis Units Unit Cost Benningtory Balayer of Oy42.000 5160 purchases during 2016 900.000 10000 SUFO 900.000 20.000 SO 313 Ending December 31:2000 20.000 What is the uroliquidation after-tax profit or loss assumint a 25tax fate? Note: indicate a loss with a negative $ $21.250 Check

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