Question: In 2 0 2 5 , Ivanhoe Corporation changed its method of inventory pricing from LIFO to FIFO. Net income computed on a LIFO as

In 2025, Ivanhoe Corporation changed its method of inventory pricing from LIFO to FIFO. Net income computed on a LIFO as compared to a FIFO basis for the four years involved is: (Ignore income taxes.)
\table[[,LIFO,FIFO],[2022,$78,800,$87,200
In 2025, Ivanhoe Corporation changed its method of inventory pricing from

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