Ace Industries had the following inventory transactions occur during 2008 Units Cost/unit 2/1/08 Purchase 18 $45 3/14/08 Purchase 31 $47 5/1/08 Purchase 22 $49 The company sold 51 units at $63 each and has a tax rate of 30%. Assuming that a periodic inventory system is used, what is the company's after-tax income using FIFO?(rounded to dollars) $594 $848 $772 $540