Byd Copy Center sells laser printers and supplies Boyd Copy Center started the year with 100 containers of ink (average cost of $8.90 each, FIFO cost of $9.00 each, LIFO cost of $780 each). During the year, Boyd Copy C urchased 800 containers of ink at $9.80 and sold 630 units for $21.50 each Boyd Copy Center paid operating expenses throughout the year, a total of $3.775. Boyd Copy Center's income statement excluding the effects of come tax under each of the average cost, FIFO, and LIFO inventory costing methods given (Click the icon to view the income statement) oyd Copy Center is a corporation subject to a 25% income tax Compute Boyd Copy Center's income tax expense under the average, FIFO, and LIFO inventory costing methods. Which method would you select to (a) maximiz come before re tax and (b) minimize income tax expense? (Round your answer to the nearest whole dollar) Average Cost FIFO LIFO Data Table Bales revenue $ 13.545 5 13,545 $13,545 Cost of goods sold 6.111 6,094 6.174 Bross pros $ 7434 $ 7.451 $ 7.371 Boyd Copy Center Operating expenses 3.775 3.775 3.775 Income Statement $ Vet income before tax 3.659 $ 3,676 $ 3,596 Year Ended December 31 Average Cost FIFO LIFO Income tax expense Sales revenue $ 13,545 5 13,545 5 13.545 Cost of goods sold 6.111 5,094 inter any number in the edit fields and then click Check Answer 6.174 Gross profe 7.434 7,451 7,371 3.775 Operating expenses 3,775 - remaining 3.775 3,650 3.676 S 3.596 parts