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3- When preparing the comparative income statement for the three methods, the net profit according to the FIFO method will be -4 1. WA LIFO

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3- When preparing the comparative income statement for the three methods, the net profit according to the FIFO method will be -4 1. WA LIFO FIFO income list 14600 14600 14600 sales - Cost of goods sold Gross profit Operating expenses Net profit A-6350 B-4450 C-5387,5 D-None of the above When preparing for the comparative income statement for the three methods, the net profit according to the FIFO method will be WA LIFO FIFO INCOME COSTOF GOODS SOLD GROSS PROFIT NET PROFIT 1-6350 2-4450 3-5387.5 4- none of the above 3- When preparing the comparative income statement for the three methods, the net profit according to the FIFO method will be -4 1. WA LIFO FIFO income list 14600 14600 14600 sales - Cost of goods sold Gross profit Operating expenses Net profit A-6350 B-4450 C-5387,5 D-None of the above When preparing for the comparative income statement for the three methods, the net profit according to the FIFO method will be WA LIFO FIFO INCOME COSTOF GOODS SOLD GROSS PROFIT NET PROFIT 1-6350 2-4450 3-5387.5 4- none of the above

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