Boyd Copy Center sells laser printers and supplies. Assume Boyd Copy Center started the year with 90 containers of ink (average cost of $9.30 each, FIFO cost of $8.70 each, LIFO cost of $7.90 each). During the year, Boyd Copy Center purchased 720 containers of ink at $10.20 and sold 570 units for $21.50 each. Boyd Copy Center paid operating expenses throughout the year, a total of $3,750. Ignore income taxes for this exercise. Prepare Boyd Copy Center's income statement for the current year ended December 31 under the average, FIFO, and LIFO inventory costing methods. Include a complete statement heading. Complete the income statement by selecting the appropriate heading and income statement labels, and then calculating the amounts for each of the three required inventory methods. (Calculate unit costs to the nearest cent. Round all other calculations to the nearest whole dollar.) Boyd Copy Center Income Statement Year Ended December 31 FIFO Average Cost $ Sales revenue 12,255 5,757 Cost of goods sold $ Gross profit 6,498 3,750 Operating expenses 2,748 Net income