Question: For the following question please show all work, need to make sure where I am wrong. Thank you. Marigold Corp. had the following inventory transactions

For the following question please show all work, need to make sure where I am wrong. Thank you.

For the following question please show all work, need to make

Marigold Corp. had the following inventory transactions occur during 2022: Units Cost/unit Feb. 1, 2022 Purchase 84 $35 Mar. 14, 2022 Purchase 145 $37 May 1, 2022 Purchase 103 $38 The company sold 239 units at $49 each and has a tax rate of 30%. Assuming that a periodic inventory system is used, and operating expenses of $1404, what is the company's after-tax income using LIFO? $1135.40 $1361.00 $1622.00 $952.70

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