Question 6 3.5 pts ABC Company employs a periodic inventory system and sells its inventory to customers for $23 per unit. ABC Company reported the following inventory information for the month of May May 1 May 6 May 8 May 13 May 18 May 21 May 28 May 30 Beginning inventory 4,200 units e$9 cost per unit Purchased 2,000 units $12 cost per unit Sold 3,000 units Purchased 4.000 units @ $8 cost per unit Sold 2,100 units Purchased 2,520 units @ $6 cost per unit Sold 2,200 units Purchased 2,380 units @ $17 cost per unit ABC Company reported operating expenses of $26,100 for May and they had a tax rate of 43% Calculate the amount of net income shown on ABC Company's income statement for May using the LIFO method