Question: show formula please Energy, Inc began operations in 2018 using LIFO inventory methods. In 2019, management decided they should have chosen FIFO. The beginning inventory

show formula please Energy, Inc began operations in 2018 using LIFO

show formula please

Energy, Inc began operations in 2018 using LIFO inventory methods. In 2019, management decided they should have chosen FIFO. The beginning inventory for 2019 using LIFO was $132,000 Under the FIFO method, the beginning inventory would have been 5145,000 The adjustment to inventory for the change in accounting principle for 2019 would be A. $0

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