multiple choice 99 bonita industries had the following inventory transactions occur during 2014

z 114 hapter Multiple Choice Question 99 Bonita Industries had the following inventory transactions occur during 2014: Chapter Units 52 hapter 2/1/20 3/14/20 5/1/20 Purchase Purchase Purchase Cost/unit $41 $40 $51 Chapter 93 65 Chapter Chapter The company sold 140 units at $70 each and has a tax rate of 20%. Assuming that a periodic inventory system is used, what is the company's gross profit using FIFO? (rounded to whole dollars) Chapter Charter O $6315 Chapter O $5652 Chapter Chapter $3485 Chapter $4148 Chapter Click if you would like to Show Work for this question: Open Show Work Chapter Chapter