0/3 Question 7 View Policies Show Attempt History Current Attempt in Progress Splishs has the following inventory data: Nov. 1 8 17 25 Inventory Purchase Purchase Purchase 36 units @ $7.20 each 144 units @ $7.75 each 72 units @ $7.55 each 108 units @ $7.90 each A physical count of merchandise inventory on November 30 reveals that there are 120 units on hand. Cost of goods sold under LIFO is $910. $1862. $944. $1828. e Texthonk and Media Question 8 View Policies Current Attempt in Progress Concord Corporation had the following inventory transactions occur during 2022: Units Cost/unit Feb. 1, 2022 Purchase 86 $36 Mar. 14, 2022 Purchase 149 $38 May 1, 2022 Purchase 106 $39 The company sold 245 units at $50 each and has a tax rate of 30%. Assuming that a periodic inventory system is used, and operating expenses of $1440, what is the company's after-tax income using LIFO? $1394.00 $975.80 $1662.00 $1163.40