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Vaughn Manufacturing had the following inventory transactions occur during 2022: Units Cost/unit Feb. 1, 2022 Purchase...

Vaughn Manufacturing had the following inventory transactions occur during 2022: Units Cost/unit Feb. 1, 2022 Purchase 110 $46 Mar. 14, 2022 Purchase 190 $48 May 1, 2022 Purchase 135 $50 The company sold 312 units at $64 each and has a tax rate of 30%. Assuming that a periodic inventory system is used, and operating expenses of $1836, what is the company’s after-tax income using LIFO?

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