Nueva Company reported the following pretax data for its first year of operations Net sales Cost of goods available for sale Operating expenses Effective tax rate Ending inventories: If LIFO is elected If FIFO is elected 7,418 5,720 1,638 15% 621 805 What is Nueva's net income if it elects FIFO? (Round your intermediate and final answer to the nearest whole dollar amount) Multiple Choice $673 O $728 $857 O $572