Romanoff Industries had the following inventory transactions occur during 2022: 
The company sold 150 units at $70 each and has a tax rate of 30%.Assuming that a periodic inventory system is used, what is the company's gross profit (rounded to whole dollars) using LIFO?
Definitions:
Temperament Stability
Describes the extent to which individual differences in disposition or behavior style are consistent across time and situation.
Emotional Responsiveness
An individual's capacity to perceive, react to, and express emotions appropriately in various situations.
Activity Levels
The degree of physical or mental exertion displayed by an individual or group, often measured in terms of energy expenditure.
Interdependence
A mutual dependency between things, where each gives and receives support, often used to describe relationships within ecosystems or among nations.
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