Search Rex The Invent. .com/courses/3678/assignments/34368 The Follow * World Lite Chapter 6 * Oedipus * Ancient + Question 1 View Policies Current Attempt in Progress Crane Industries had the following inventory transactions occur during 2018: Cost/unit $40 2/1/18 Purchase 3/14/18 Purchase 5/1/18 Purchase Units 50 88 60 $40 $45 The company sold 140 units at $60 each and has a tax rate of 20%. Assuming that a periodic inventory system is used, what is the company's after-tax income using FIFO?(rounded to whole dollars) $2500 $2790 $2068 $2232 Attempts: 0 of 1 used