Evaluating the Effects of Inventory Methods on Income from Operations, Income Taxes, Courtney Company uses a periodic inventory system. The following data were available: beginning inventory, 1, 500 units at $25; purchases, 3,000 units at $28; operating expenses (excluding income taxes), $94,000; ending inventory per physical count at December 31, 1,000 units; sales price per unit, $75; and average income tax rate, 30%. Required: Prepare income statements under the FIFO, LIFO, and weighted average costing methods. (Do not round intermediate calculations. Round your final answers to the nearest dollar amount.)