1. 0 so oo points product on Saptember 20 and 3,050 units on December 22, all at a rics of s01 began the year with and made swocessive punchases During 2017, Fresh Expross Company sold 2.510 units of its F per unit Incuning operaling expenses of $15 per unit sold, January 1 beginning inventory 610 units 536 er un 3.310 units @544 per uni of the product as February 20 May 16 1510 unts @538per unit 710 units $42 per unt Total 6 140 units Required Prepare a comparative income statement for the company, showing in adjacent columns the profits eamed trom the sale of the product assuming the company uses a perpetual inventory system and prices ts ending inventory on the basis of (a) FIFO and (b) Moving weighted average: (Round "Cost per unie to 2 decimal places. Round your lntermediate calculations and final answers to 2 decimal places) Income Statement Comparing FiFO and Moving Welghted Average Inventory Costing Methods For Year Ended December 31, 2017 Moving Weighted Average Cost FIFO Cost of goods sold