Dole Industries had the following inventory transactions occur during 2022: 
The company sold 255 units at $126 each and has a tax rate of 30%.Assuming that a periodic inventory system is used, and operating expenses of $2,500, what is the company's after-tax income using LIFO? (rounded to whole dollars)
Definitions:
Technology
The application of scientific knowledge for practical purposes, especially in industry.
Production Methods
Various techniques and processes used in the creation of goods and services, ranging from manual labor to advanced manufacturing technologies.
Standard Cost Systems
Accounting systems that use standards for each element of manufacturing cost entering into the finished product.
Product Costs
The total of direct materials, direct labor, and manufacturing overhead allotted to a product, representing the cost to produce goods.
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