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QUESTION 7 1 poir Aggie Car Company is a wholesaler for car engine parts. The company had the following activity during the month of April:

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QUESTION 7 1 poir Aggie Car Company is a wholesaler for car engine parts. The company had the following activity during the month of April: Date Transaction Units Unit Cost Total Cost April 1 Beg. Inventory 3,200 $64.30 $205,760 April 4 Purchase 3,400 $64.75 $220,150 April 25 Purchase 3,500 $66.00 $231,000 Aggie had 3,050 units on hand in April. The sales price for all units sold in April was $88 per unit. If Aggie uses the LIFO inventory system, the gross profit reported on the monthly income statement at April 30 would be: O A. $159,605 O B. $169,250 O C. $165,300 O D. $164,790 O E. $184,590

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