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Merrimack Tractors and Mowers, Inc: Lifo or Fifo?Essay Preview: Merrimack Tractors and Mowers, Inc: Lifo or Fifo?Report this essayCase 1: Merrimack Tractors and Mowers, Inc: LIFO or FIFO?Study the financial information for reel mower units that James Colburn prepared for Rick Martino. (Assume that reel mower units are typical of all classes of inventory at.