Broadhead 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: UnitsUnit Cost Inventory, December 31, prior year For the current year 2,920 $10 Purchase, April 11 Purchase, June 1 Sales ($56 each) Operating expenses (excluding Income tax expense) 8,820 7850 10,870 13 $192,000 References Section Break E7-7 Analyzing and Interpreting the Flnancial Statement Effects of LIFO and FIFO LO7-2, 7-3 value: Required information 10.00 points E7-7 Part 1 Required 1. Prepare a separate income statement through pretax income that details cost of goods sold for (a) Case A: FIFO and (b) Case B: LIFO BROADHFAD COMPANY