Hogan Industries had the following inventory transactions occur during 2022: 
The company sold 306 units at $63 each and has a tax rate of 30%.Assuming that a periodic inventory system is used and operating expenses of $1,800, what is the company's after-tax income using FIFO? (rounded to whole dollars)
Definitions:
Hawthorne Effect
The change in behavior exhibited by participants in a study because they know they are being watched.
Overt Observational
The process of openly and visibly watching or monitoring someone or something without concealing the observer's presence.
Collective Representations
Concepts or symbols that are widely shared and recognized within a society, serving as a means of creating social cohesion or expressing shared values and beliefs.
Émile Durkheim
A foundational French sociologist known for his studies on social integration, collective conscience, and the role of rituals in societal cohesion.
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