8 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 companys after-tax income using LIFO?

$1394.00

$975.80

$1163.40

$1662.00