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Financial Accounting Problem 3 During the month, Feel Strong World purchased and sold vitamines on account as follows: Purchase 1 ........ Sale 1............ Purchase 2 ........ Sale 2............ 150 crates @ $ 190 crates @ $ 130 crates @ $ 160 crates @ $ 45 80 50 90 Feel Strong uses the LIFO cost method. The company's perpetual inventory record, at LIFO cost, for the month is as follows: VITAMINS Purchases Unit Cost Total Cost Cost of goods sold QTY Unit Cost Total Cost Date QTY Inventory on hand QTY Unit Cost Total Cost 90 $ 40 $ 3,600 Beginning Purchase 1 Sale 1 Purchase 2 Sale 2 Ending Operating expenses for the month were $3,000. Problem 3 Requirement 1. Prepare a multi-step income statement for Feel Strong World for the month ended January 31, 2019. Feel Strong World Income Statement Month Ended January 31, 2019 Sales revenue.................................. .... Cost of goods sold.................... Operating expense...... Net income