Corse Print Supplies, Inc., sells laser printers and supplies. Assume Corse started the year with 90 containers of ink (average cost of $ 9.20 each, FIFO cost of $ 8.80 each, LIFO cost of $ 7.90 each). During the year, the company purchased 720 containers of ink at $ 10.10 and sold 580 units for $ 22.00 each. Corse paid operating expenses throughout the year, a total of $ 3 comma 900. Ignore income taxes for this exercise. Prepare Corse's income statement for the current year ended December 31 using the average-cost, 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.) Corse Print Supplies, Inc. Income Statement Year Ended December 31 Average Cost Sales revenue $12,760 Cost of goods sold ? Gross profit ? Operating expenses 3,900 Net income ?