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Skysong, Inc.had the following inventory transactions occur during 2022: Units Cost/unit Feb. 1, 2022 Purchase 74 $74 Mar. 14, 2022 Purchase 127 $77 May 1,

Skysong, Inc.had the following inventory transactions occur during 2022:

Units Cost/unit

Feb. 1, 2022 Purchase 74 $74

Mar. 14, 2022 Purchase 127 $77

May 1, 2022 Purchase 90 $80

The company sold209units at $103each and has a tax rate of30%. Assuming that a periodic inventory system is used, what is the company's gross profit using FIFO?

$15895

$5164

$16363

$5632

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