Sheridan Company had the following inventory transactions occur during 2022: Units Cost/unit Feb. 1, 2022 Purchase 91 $38 Mar. 14, 2022 Purchase 156 $39 May 1, 2022 Purchase 111 $41 The company sold 257 units at $53 each and has a tax rate of 30%. Assuming that a periodic inventory system is used, and operating expenses of $1512, what is the companys after-tax income using LIFO? $1864.00 $1509.90 $2157.00 $1304.80.