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Carla Vista Company had a January 1 inventory of $300000 when it adopted dollar-value LIFO. During the year, purchases were $1830000 and sales were $3070000.

Carla Vista Company had a January 1 inventory of $300000 when it adopted dollar-value LIFO. During the year, purchases were $1830000 and sales were $3070000. December 31 inventory at year-end prices was $388640, and the price index was 112 . What is Carla Vista Company's gross profit? $2717360$1328640$1287940$1292640 eTextbook and Media Assistance Used eTextbook

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