During 20T7, Fresh Express Company sold 2,600 units of its product on September 20 and 3,500 units on December 22, all at a price of $100 per unit. Incurring operating expenses of $10 per unit sold, it began the year with and made successive purchases of the product as follows January 1 heginning inventory 700 units@$ 45 per unit Purchases February 20 May 16 1,600 units@$47 800 units@$51 3,400 units@$52 per unit per unit per unit Total 6,500 units Required Pyeparefa oarative income statement for the company, showing in adjacent columns the profits earned from the sale of the product, assumin pany uses a perpetual inventory system and prices its ending inventory on the basis of (a) FIFO and (b) Moving weighted average: And "Cost per unit" to 2 decimal places. Round your intermediate calculations and final answers to 2 decimal places.) FRESH EXPRESS COMPANY Statement Comparing FIFO and ighted Average Inventory Costing Methods Ing Wei For Year Ended December 31, 2017 Moving Weighted Average Cost FIFO