Question: which one is the correct answer? help me? Ivanhoe Company began operations on January 1,2020, and uses the FIFO method in costing its raw material

which one is the correct answer? help me?

Ivanhoe Company began operations on January 1,2020, and uses the FIFO method in costing its raw material irventory Management is contemplating a change to the LIFO method and is interested in determining what effect such a change will have on net incame Accordingly, the following informstion has been developed: The company deems it impracticable to apply the retrospective approach Based on the above information, a change to the LIFO method in 2021 would result in net income for 2021 of $1290000.$990000$1350000$1228000

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