Calculate Cost LIFO FIFO Average-cost method (Show all of your computations!) Add file Presented below are the changes in the account balances Of Prada Company during the year, except for retained earnings. Increase(Decrease) Plant Assets 37.000- Cash $29.000- Acc.Recelable(Net) (13.000)- Bonds Payable (20.000) Common Stock 72.000- Notes Payable 34.000 52.000- Inventory The only entries in Retained Earnings were for net income and a dividend decleration of $12.000. According to information given above, compute the net income for the current year. (Show all of your computations!) Add file (Ctrl) 10 points