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Metlock, Inc. had the following inventory transactions occur during 2022: Units Cost/unit Feb. 1, 2022 Purchase 81 $81 Mar. 14, 2022 Purchase 140 $85 May

Metlock, Inc. had the following inventory transactions occur during 2022: Units Cost/unit Feb. 1, 2022 Purchase 81 $81 Mar. 14, 2022 Purchase 140 $85 May 1, 2022 Purchase 99 $88 The company sold 230 units at $113 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? $6143 $19847 $19253 $6737

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