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Multiple Choice Question 113 Kingbird, Inc. had the following inventory transactions occur during 2022: Units Feb. 1, 2022 Mar. 14, 2022 May 1, 2022 Purchase

Multiple Choice Question 113 Kingbird, Inc. had the following inventory transactions occur during 2022: Units Feb. 1, 2022 Mar. 14, 2022 May 1, 2022 Purchase Purchase Purchase 103 177 125 Cost/unit $103 $107 $112 The company sold 291 units at $144 each and has a tax rate of 30%. Assuming that a periodic inventory system is used, and operating expenses of $2850, what is the company's after-tax income using LIFO? $5104.40 O $4798.08 $6854.40 O $7292.00

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