Question: please help me on this The following inventory data are available for Hutchinson for the year 2020: FIFO LIFO Beginning 317,300 285,200 Ending 380,700 327700

please help me on this please help me on this The following inventory data are available for

The following inventory data are available for Hutchinson for the year 2020: FIFO LIFO Beginning 317,300 285,200 Ending 380,700 327700 8 02:18:26 Assuming an income tax rate of 32%, if Hutchinson elects LIFO instead of approximately Multiple Choice O $14,212 higher O $14,212 lower O $36,040 higher

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