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Blue Spruce Corp.had the following inventory transactions occur during 2022: UnitsCost/unitFeb. 1, 2022Purchase125$52Mar. 14, 2022Purchase216$55May 1, 2022Purchase153$57 The company sold355units at $73each and has a

Blue Spruce Corp.had the following inventory transactions occur during 2022:

UnitsCost/unitFeb. 1, 2022Purchase125$52Mar. 14, 2022Purchase216$55May 1, 2022Purchase153$57

The company sold355units at $73each and has a tax rate of30%. Assuming that a periodic inventory system is used, what is the company's gross profit using LIFO?

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