Eneri Company's inventory records show the following data:

Units Unit Cost

Inventory January 1 10,000 $9.20

Purchases: June 18 9,000. $8.00

November 8 6,000 $7.00

A physical inventory on December 31 shows 4,000 units on hand. Eneri sells the units for $13 each. The company has an effective tax rate of 20%. Eneri uses the periodic inventory method. If the company uses LIFO method, cost of goods sold is

28,000

169,200

173,040

178,000