Hogan Industries had the following inventory transactions occur during 2014: 
The company sold 102 units at $63 each and has a tax rate of 30%. Assuming that a periodic inventory system is used, and operating expenses of $600, what is the company's after-tax income using LIFO? (rounded to whole dollars)
Definitions:
Behaviourally Inhibited
A temperament characterized by a tendency to react with fear or withdrawal in new situations or when encountering unfamiliar people or environments.
Anxious Temperament
A predisposition to respond to situations with fear or anxiety, often resulting from genetic or environmental factors.
Anxiety Disorders
A group of mental health disorders characterized by significant feelings of anxiety and fear, impacting daily living.
Behaviourally Inhibited
Describes individuals who demonstrate a consistent pattern of shyness, fearfulness, and withdrawal from unfamiliar people, situations, or environments.
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