Emily Company uses a periodic inventory system. At the end of the annual accounting period, December 31 of the current year, the accounting records provided the following information for product 2: Unit Cost Units 3,000 $9 Inventory, December 31, prior year For the current year: Purchase, April 11 Purchase, June 1 Sales ($50 each) Operating expenses (excluding income tax expense) 9,000 7,000 10,000 10 15 $190,000 Required: 1. Prepare a separate income statement through pretax income that details cost of goods sold for (a) Case A: FIFO and (b) Cas LIFO. EMILY COMPANY Income Statement For the Year Ended December 31, current year Case A Case B LIFO FIFO Cost of goods sold: Goods available for sale Cost of goods sold SHE 1. Prepare a separate income statement through pretax LIFO. EMILY COMPANY Income Statement For the Year Ended December 31, current year Case A Case B LIFO FIFO Cost of goods sold: Goods available for sale Cost of goods sold