QUESTION 7 Apple 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 5231,000 Aggie hand 3,050 units on hand in April. The sales price for all units sold in April was $88 per unit. If Aggle uses the LIFO inventory system, the gross profit reported on the monthly income statement at April 30' would be A $159,605 B 5169.250 C. 5165,300 D.$164,790 OE $184,590