Lee Industries had the following inventory transactions occur during 2014: 
The company sold 204 units at $63 each and has a tax rate of 30%. Assuming that a periodic inventory system is used, what is the company's gross profit using LIFO? (rounded to whole dollars)
Definitions:
Intelligence
The ability to acquire knowledge, think abstractly, understand complex ideas, adapt to environments, and learn from experience.
WAIS-IV
The Wechsler Adult Intelligence Scale-Fourth Edition, a standard psychological test for measuring adult intelligence.
Legal Secretary
A legal secretary is a specialized secretary who performs administrative and clerical duties in a legal setting, often assisting lawyers with case preparation and document management.
General Intelligence
A theory suggesting the existence of a broad mental capacity that influences performance on cognitive ability measures.
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