During December Year 2, Crowe Company sold 125 units @ $225 each. Cash selling and administrative expenses for the year were $11,000. All transactions were cash transactions. The following information is also available: Beginning inventory April 18 purchase August 5 purchase 60 units @ $100 90 units @ $115 30 units @ $120 The company's income tax rate is 30%. Required: a-1) Prepare an income statement for Crowe Company for Year 2 assuming FIFO inventory cost flow. a-2) Prepare an income statement for Crowe Company for Year 2 assuming LIFO inventory cost flow. Complete this question by entering your answers in the tabs below. Required A1 Required A2 Prepare an income statement for Crowe Company for Year 2 assuming FIFO inventory cost flow. FIFO Income Statement For the Year Ended December 31, Year 2 Net income before taxes < Required A1 Required A2 > During December Year 2, Crowe Company sold 125 units @ $225 each. Cash selling and administrative expenses for the year were $11,000. All transactions were cash transactions. The following information is also available: Beginning inventory April 18 purchase August 5 purchase 60 units @ $100 90 units @ $115 30 units @ $120 The company's income tax rate is 30%. Required: a-1) Prepare an income statement for Crowe Company for Year 2 assuming FIFO inventory cost flow. a-2) Prepare an income statement for Crowe Company for Year 2 assuming LIFO inventory cost flow. Complete this question by entering your answers in the tabs below. Required A1 Required A2 Prepare an income statement for Crowe Company for Year 2 assuming LIFO inventory cost flow. Note: Round your final answers to the nearest whole dollar. LIFO Income Statement For the Year Ended December 31, Year 2 Net income before taxes < Required A1 Required A2 >