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Pina Colada Corp. had the following Inventory transactions occur during 2017: Units Costunit Feb 1, 2017 Purchase 123 $51 Mar. 14, 2017 Purchase 212 $54

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Pina Colada Corp. had the following Inventory transactions occur during 2017: Units Costunit Feb 1, 2017 Purchase 123 $51 Mar. 14, 2017 Purchase 212 $54 May 1, 2017 Purchase 150 $56 The company sold 349 units at $72 each and has a tax rate of 30%. Assuming that a periodic Inventory system is used, what is the company's gross profit using FIFO? (rounded to whole dollars) $19145 O $5982 $18505 $6623

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