Bramble Company's inventory records show the following data: A physical inventory on December 31...

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Accounting

Bramble Company's inventory records show the following data:
A physical inventory on December 31 shows 3700 units on hand. Bramble sells the units for $15 each. The company has an effective
tax rate of 20%. Bramble uses the periodic inventory method. If the company uses FIFO, what is the gross profit for the period?
$159600
$158000
$152200
$154300
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