Ayayai Inc is trying to determine whether to use the FIFO or average cost formula The accounting records show the following selected inventory information Purchases Cost of Goods Sold Ending Inventory Date Units Cost Total Units Cost Total Units Cost Total Oct. 2 7,800 $12 $93,600 7.800 $12 $93.600 15 13,000 182,000 [1] [2] [3] 29 [41 [5] 19,800 [6] [7] [B] 191 [10 (11) (12) [13] The company accountant has prepared the following partial statement of income to help management understand the financial statement impact of each cost determination cost formula. FIFO $498,000 Average $498,000 Sales Cost of goods sold Gross profit Operating expenses Income before income tax Income tax expense (30%) Net income 182,000 182,000 (a) Fill in the missing amounts in the perpetual inventory schedule, assuming the use of the FIFO cost formula. Purchases Cost of Goods Sold Date Units Cost Total Units Cost Oct. 7,800 $12 $93.600 2. 15 13,000 14 182.000 Total 29 19.900 (total units sold $ $ Save for Later Attempts: 0 of 1 used Submit Answer Question Part Score (b) Question Part Score (c) Question Part Score