7 Required information of 3 -4:45:26 (The following information applies to the questions displayed below.] Emily Company uses a periodic inventory system. At the end of the annual accounting period, December 31 of the current year, the accounting records provided the following information for product 2: Inventory, December 31, prior year For the current year: Unit Units Cost 3,000 $9 9,000 10 Sales ($50 each) 7,000 15 Operating expenses (excluding income tax expense). 10,000 $190,000 Purchase, April 11 Purchase, June 1 Book int Print rences 2. Compute the difference between the pretax income and the ending inventory amount for the two cases. Comparison of Amounts Case A FIFO Pretax income Ending inventory Case B LIFO Difference