During 2020, Fresh Express Company sold 2,260 units of its product on September 20 and 2.150 units on December 22, all at a price of $73 per unit. Incurring operating expenses of $12 per unit sold, it began the year with and made successive purchases of the product as follows: January 1 beginning inventory 430 units es 18 per unit Purchases: February 201 May 16 1,330 units e$ 20 530 units es 24 3,130 units $25 5.420 units per unit per unit per unit December 11 Total 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. Do not Round intermediate calculations. Round your final answers to 2 decimal places.) 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. Do not Round intermediate calculations. Round your 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, 2020 Moving Weighted Average FIFO Cost Sales Cost of goods sold Gross profit Operating expenses Profit