Sheridan Company had the following inventory transactions occur during 2022 Feb. 1, 2022 Mar. 14.2022 May 1, 2022 Purchase Purchase Purchase Units Cost/unit 91 $38 156 $39 $41 111 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 company's after-tax income using FIFO? $1304 80 $1864.00 $1509.90 $2157.00