During December 2016, Crowe Company sold 125 units a $225 each. Cash selling and 27. administrative expenses for the year were $11,000. All transactions were cash transactions. The following information is also available: Beginning inventory 60 units@ $100 April 18 purchase 90 units @ $115 August 5 purchase 30 units a S120 The company's income tax rate is 30%. Required: a) Prepare an income statement for Crowe Company for 2016 assuming: 1) FIFO inventory cost flow 2) LIFO inventory cost flow b) Prepare the operating activities section of the statement of cash flows for 2016 assuming: 1) FIFO inventory cost flow 2) LIFO inventory cost f