Beppone a division of Arkansas instrumenes incorporated mat sells computer microchips has these for records to January 2011 the contove the story cores) The company's accounting record thow 100 units were used for more of 57 000. Oprecantepete for unany was $1.600 Soad the team Regment the company way, the income statement, Coro DeLIFO.com From the Labelt bottom Operato.com fuld there couper un tothom decins pe turns to whole dabar amounts Show your compions Be tyre me correnting LIFO, then we and to - X Data table Aikansa sunt incorporated in Salement for Misroche Month January 31, 2021 Hem Quantity Well Total ou UPO 10 120 DO 14 Cool Purchase 200 1 Purchase 1.100 Opg 1.100 600 Operating con Print Done IT 2.1 Om on Amos um incorporated that sets convenios het verwy records for January 2001 henry The company accounting records show us weed for event of 57000 Corringene for dwuwy w 1.600 Header Requirement 1. Prepare the company's may come acuencome UFO.o.com FIFO melhor contine penge age courte decapaces and other figures to whole-collar amount Show your competitions Begin by preparing the income LIFO. Vendy FIFO.COM Data tablo Arkansas instruments corporated Income Statement for Microchip Month Ended January 31, 2001 Date QUY Unit Cost Tol Cost LIFO Average 1 Being I 1.120 7.000 Purchase 50 14 700 6650 21 Purchase 200 10 31200 Cost of good so 27 Puch TO 1 1.130 DO 1500 Cerang penes Print Done Suppose a division of Arkansas Instruments incorporated that sells computer microchips has these inventory records for January 2013 Click the icon to view the inventory records) The company's according records show 30 units were sold for revenue of 57,800. Operating expense For January was $1,500. Read the outements Requirement 1. Prepare the company's Juruary, mutiste income statement Calculate income in the LIFO average cost and FIFO methods Label the bottom line Operating income." Round the wverage cost per unit to three Secial places and all other figures to whole amounts Show your computations Begin by preparing the income statement using LIF, Tien average, and feraly Fifo cost Data table Arkansas Instruments incorporated Income Statement for Microchip Month Ended January 31, 2021 Date Quantity Unit Cost Total Cost LIFO Average Jan Beginning inventory 140 units BS 120 Sales revenue 7.000 Purchase souris 700 Cost of goods sold 5.650 21 Purchase 200 units 103.200 Gross pro 2150 27 Purchase 70 units 17,190 1.500 Operating expenses Operating income Print Done DO