F8i-G2 Company uses the LIFO inventory costing method. The company had a beginning inventory of 1,840 units that cost $13.20 each. Purchases were made throughout the most recent year as follows: March: 2,100 units purchased at $15.60 per unit June: 900 units purchased at $12.10 per unit August: 1,400 units purchased at $16.35 per unit October: 800 units purchased at $14.40 per unit During the most recent year, 4,800 units were sold to customers at a selling price of $21.00 each. Operating expenses for the most recent year amounted to $1,300 and the income tax rate was 30%. Calculate the net income reported by F8i-G2 Company during the most recent year.