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Check my work Courtney Company uses a periodic inventory system. The following data was available: beginning merchandise inventory, 1.400 units at $30; purchases, 5,600 units

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Check my work Courtney Company uses a periodic inventory system. The following data was available: beginning merchandise inventory, 1.400 units at $30; purchases, 5,600 units at $35; operating expenses (excluding income taxes), 593,100, ending inventory per physical count at December 31, 1.200 units, sales price per tinit, $75; and average income tax rate, 30 percent Required: 1. Prepare income statements under the FIFO and weighted average costing methods. (Do not round Weighted average cost per unit. Round your final answers to the nearest dollar amount.) Income Statement Units Inventory Costing Method FIFO Weighted Average 0 0 Sales revenue Cost of goods sold Gross profit Operating expenses Income from operations Income tax expense 0 0 Not income 0

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