The following information pertains to the inventory of Parvin Company:

January $1$ Beginning inventory $300$ units @ $$16$

April $1$ Purchased $2,900$ units @ $$21$

October $1$ Purchased $1,000$ units @ $$22$

During the year, Parvin sold $3,570$ units of inventory at $$44$ per unit and incurred $$17,100$ of operating expenses. Parvin currently uses the FIFO method but is considering a change to LIFO. All transactions are cash transactions. Assume a $30$ percent income tax rate. Parvin started the period with cash of $$208,700,$ inventory of $$4,800,$ common stock of $$189,000,$ and retained earnings of $$24,500.$