During 2017, Fresh Express Company sold 2,560 units of its product on September 20 and 3,300 units on December 22, all at a price of $96 per unit. Incurring operating expenses of $14 per unit sold it began the year with and made successive purchases of the product as follows: January 1 beginning inventory 660 units$41 per unit Purchases February 20 May 16 December 11 1,560 units$43 per unit 760 units@$47 per unit 3,360 units$48 per unit Total 6,340 units Required Prepare a comparative income statement for the company, showing in adjacent columns the profits earned from the sale of the product, assuming the company uses a perpetual inventory system and prices its ending inventory on the basis of (a) FIFO and (b) Moving weighted average: (Round "Cost per unit" to 2 decimal places. Round your intermediate calculations and final answers to 2 decimal places.) FRESH EXPRESS COMPANY Income Statement Comparing FIFO and Moving Weighted Average Inventory Costing Methods For Year Ended December 31, 2017 Moving Weighted Average Cost FIFO ales ost of goods sold ross profit erating expenses