Year Pretax income with weighted average pretax income with FIFO 2018 210,000 240,000...
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Accounting
| Year | Pretax income with weighted average | pretax income with FIFO |
| 2018 | 210,000 | 240,000 |
| 2019 | 250,000 | 290,000 |
| 2020 | 175,000 | 190,000 |
30% tax. How much would be retained earning due to change in inventory methods?
-49,000
-85,000
-70,000
-59,500
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