The manager of Weiser is given a bonus based on net income before taxes. The net income after taxes is $11,200 for FIFO and $9,800 for LIFO. The tax...

The manager of Weiser is given a bonus based on net income before taxes. The net income after taxes is $11,200 for FIFO and $9,800 for LIFO. The tax rate is 30%. The bonus rate is 20%. How much higher is the manager's bonus if FIFO is adopted instead of LIFO? Answer $500$280$400$1,400