Question: please answer and explain, will upvote :) thanks! A company has the following: The company sold 100 units at $2.00 per unit on December 23.

please answer and explain, will upvote :)

thanks!

A company has the following: The company sold 100 units at $2.00 per unit on December 23. Assuming that a perpetual inventory system is used, what is the company's gross profit using LIFO? $110.50 589,50 $96.00 $104.00 $100.00

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