Nueva Company reported the following pretax data for its first year of operations. Net sales Cost of goods available for sale Operating expenses Effective tax rate Ending inventories: If LIFO is elected If FIFO is elected Multiple Choice O What is Nueva's net income if it elects FIFO? Note: Round your intermediate and final answer to the nearest whole dollar amount. O $607 $809 $985 7,400 5,680 1,548 $739 25% 637 813

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