Exercise 6-08 a-ci The following comparative information is available for Flint Corporation for 2022. Sales revenue Cost of goods sold Operating expenses (including depreciation) Depreciation Cash paid for inventory purchases LIFO $91,000 37,000 28,500 10,000 23,795 FIFO $91,000 34,200 28,500 10,000 23,795 Determine net income under each approach. Assume a 30% tax rate. LIFO FIFO Net income s LINK TO TEXT Determine net cash provided by operating activities under each approach. Assume that all sales were on a cash basis and that income taxes and operating expenses, other than depreciation, were on a cash basis. LIFO FIFO Net cash provided by operating activities LINK TO TEXT Calculate the quality of earnings ratio under each approach. (Round answers to 2 decimal places, e.g. 5.15.) LIFO FIFO Quality of earnings ratio Click if you would like to Show Work for this question: Open Show Work LINK TO TSYT