I completed some but im not sure how to do the rest .

Question 6 of 7 -/5 View Policies Current Attempt in Progress The management of Sheridan Company asks your help in determining the comparative effects of the FIFO and LIFO inventory cost flow methods. For 2022, the accounting records show these data. Inventory, January 1 (10,000 units) $ 30,000 Cost of 105,000 units purchased 357.000 Selling price of 92,000 units sold 727,000 Operating expenses 120,000 Units purchased consisted of 30,000 units at $3.20 on May 10, 55,000 units at $340 on August 15; and 20,000 units at $3.70 on November 20. Income taxes are 26%. (a) Prepare comparative condensed income statements for 2022lander FIFO and LIFO. (Round answers to O decimal places, es 5,125) Sheridan Company Condensed Income Statements FIFO LIFO -/5 Sheridan Company Condensed Income Statements FIFO LIFO Sales $ 727000 $ 727000 Cost of Goods Sold Beginning Inventory 30000 30000 Cost of Goods Purchased 357000 357000 Cost of Goods Available for Sale 387000 387000 Less Ending Inventory 23000 Question 6 of 7 - 75 Less : Ending Inventory 23000