3 (1.5 points) Nuremberg Co. distributes sunglasses in the German market that have been previously imported from a Chinese manufacturer. The Company uses a periodic inventory system. The following data corresponds to 2020: Purchases Inventory Sold 100 @ 400 40,000 Dec 31, 2019 Feb 12, 2020 40@420 16,800 Mar 3, 2020 90 @ 600 54,000 Jun 2, 2020 80 @ 430 34,400 Aug 21, 2020 80 @ 610 48,800 Nov 27, 2020 60 @ 440 26,400 Dec 8, 2020 60 @ 625 37,500 Required: (Solve this exercise on the ANSWER SHEET) Prepare a comparison of income statements for the year ended, by filling the corresponding table from the ANSWER SHEET, contrasting FIFO, LIFO and Weighted-Average methods. Assume that "Other Expenses" for the year are 12,500, and the income tax rate is 35%. (0.5 points for each method)