Johnson Company employs a periodic inventory system. Johnson Company's inventory records for the month of August reveal the following: Inventory, August 1 4,000 units e $18 cost per unit August 4, Purchase 6,000 units e $14 cost per unit August 9, Purchase 11,000 units $21 cost per unit August 11, Sale August 19, Purchase 9,000 units $24 cost per unit August 21, Sale August 26, Purchase 19,000 units e $15 cost per unit August 27, Sale August 29, Purchase 5,000 units $20 cost per unit 15,000 units $32 selling price per unit 12,000 units e $36 selling price per unit 7,000 units $41 selling price per unit Operating expenses for the month of August totaled $225,000 and Johnson Company's income tax rate was 37%. Calculate the amount of net income reported on Johnson Company's income statement for August using the LIFO method