During August, 2022, Vaughn's Supply Store generated revenues of $59900. The company's expenses were as follows: cost of goods sold of $35500 and operating expenses of $3700. The company also had rent revenue of $1000 and a gain on the sale of a delivery truck of $1600. Vaughn's operating income for the month of August, 2022 is O $23300. O $21700. O $24400. O $20700. Coronado Company's inventory records show the following data: Unit Units Cost Inventory, January 1 9600 $8.80 Purchases: June 18 8800 9.00 November 8 5700 8.00 A physical inventory on December 31 shows 4200 units on hand. Coronado sells the units for $12 each. The company has an effective tax rate of 24%. Coronado uses the periodic inventory method. If the company uses FIFO, what is the gross profit for the period? $67386 $66480 $68080 $63120 Sheffield Industries had the following inventory transactions occur during 2020: Units Cost/unit 2/1/20 Purchase 52 $47 3/14/20 Purchase 93 $40 5/1/20 Purchase 66 $40 The company sold 145 units at $80 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 LIFO? (rounded to whole dollars) $5800 $4060 $6034 O $4223 Swifty Industries had the following inventory transactions occur during 2020: Units Cost/unit 2/1/20 Purchase 57 $47 3/14/20 Purchase 93 $41 5/1/20 Purchase 67 $53 The company sold 153 units at $70 each and has a tax rate of 30%. Assuming that a periodic inventory system is used, what is the company's gross profit using FIFO? (rounded to whole dollars) $3633 $7077 $4059 $6651