Question: Question 17 of 25 Question 17 of 25 View Policies Current Attempt in Progress Borita Company's inventory records show the fonowing data: Inventory January 1

Question 17 of 25

Question 17 of 25 View Policies Current Attempt in Progress Borita Company's inventory records show the fonowing data: Inventory January 1 purchases: Junc 18 November 8 10400 9500 6000 $880 6,00 A physical inventory On December 31 shows 3900 units on hand. Bonita sells the unit s for S t S each. The company has an effective tax rate ot 20%. Bonita the pet inventory method, What thc differem.e in taxes if LIFO rother than FIFO is used? S1416 additional tams 51210 additional S21B4 additional S 1416 tax savings

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