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Multiple choice Orale Industries had the following inventory transactions occur during 2014 2/1/20 3/24/20 5/1/20 Purchase Purchase Purchase 60 95 Contiuni $50 $42 547 The

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Multiple choice Orale Industries had the following inventory transactions occur during 2014 2/1/20 3/24/20 5/1/20 Purchase Purchase Purchase 60 95 Contiuni $50 $42 547 The company sold to unite at 100 ench and has a tax rate of 104. Assuming that a peclodic Inventory system is used, what is the company's gross profit using FIFO? (rounded to whole dollars) 55220 56605 56700 55395 nnon show Work

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