Company D applied FIFO and reported gross profit of $500,000. Company D reported inventory of $180,000 at January 1 and $262,000 at December 31. Had LIFO had been used rather than FIFO, those figures would have been $100,000 and $110,000 at January 1 and at December 31, respectively. What would Company Ds gross profit have been under LIFO?A. $418,000.

B. $428,000.

C. $562,000.

D. $572,000.

E. $582,000.