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  3. 2. = 41,250. you need to take 13,750 from 55,000 t

2. = 41,250. you need to take 13,750 from 55,000 to find the LIFO liquidation...

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Accounting

2. = 41,250. you need to take 13,750 from 55,000 to find the LIFO liquidation profit

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