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Hogan Industries had the following inventory transactions. occur during 2017: Units Cost/ unit Feb. 1, 2017 Purchase 84 $35 Mar. 14, 2017 Purchase 145 $37

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Hogan Industries had the following inventory transactions. occur during 2017: Units Cost/ unit Feb. 1, 2017 Purchase 84 $35 Mar. 14, 2017 Purchase 145 $37 May 1, 2017 Purchast 103 The company sold 239 units at $49 each and has a tax rate of 30%. Assuming that a penodic inventory system, is used, what is the company's gross profit using LIFO ? lrounded to whole dollars) A. $8685 B. 8 2765 C. $8946 D. $3024

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