Aggie Car Company is a wholesaler for car engine parts. The company had the following activity during the month of April:

Date	Transaction	Units	Unit Cost	Total Cost
April 1	Beg. Inventory	3,200	$64.30	$205,760
April 4	Purchase	3,400	$64.75	$220,150
April 25	Purchase	3,500	$66.00	$231,000

Aggie had 3,050 units on hand in April. The sales price for all units sold in April was $88 per unit.

If Aggie uses the LIFO inventory system, the gross profit reported on the monthly income statement at April 30^thwould be:

A.

$159,605

B.

$169,250

C.

$165,300

D.

$164,790

E.

$184,590