Nature Creations Company imports and sells a product produced in Canada. In the summer of 2016, a natural disaster disrupted production, affecting its supply of product. Nature Creations Company uses the LIFO inventory method. On January 1, 2016, Nature Creations Companys inventory records were as follows:

Year purchased	Quantity (units)	Cost per unit	Total cost
2014	2,000	$160	$ 320,000
2015	5,000	$220	1,100,000
Total	7,000		$1,420,000

Through mid-December of 2016, purchases were limited to 8,000 units, because the cost had increased to $320 per unit. Nature Creations sold 14,200 units during 2016 at a price of $408 per unit, which significantly depleted its inventory. Assume that Lumber Company makes no further purchases during 2016. Compute Lumber Company's gross profit for 2016.

	A.	$2,494,000
	B.	$ 970,800
	C.	$2,073,200
	D.	$ 881,200