During 2020, Fresh Express Company sold 2,510 units of its product on September 20 and 3,050 units on December 22, all at a price of $91 per unit. Incurring operating expenses of $10 per unit sold, it began the year with and made successive purchases of the product as follows: January 1 beginning inventory Purchases: February 20 May 16 1 December 11 Total 5610 units @$36 per unit 1,510 units @ 38 710 units @5 42 per unit per unit per unit 6,140 units ARREMANS3,310 units $43 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 FIFO Moving Weighted Average Cost