Question 9 of 25 - / View Policies Current Attempt in Progress Waterway Industries had the following inventory transactions occur during 2020: 2/1/20 Purchase 3/14/20 Purchase 5/1/20 Purchase Units 50 80 Cost/unit $40 $40 $55 60 The company sold 133 units at $70 each and has a tax rate of 30%. Assuming that a periodic inventory system is used, what is the company's after-tax income using FIFO?(rounded to whole dollars) $2762 $2598 $3945 $3090