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In-Class Assignment 3 Acc326 7,840 5,940 Nueva Company reported the following 2018 pretax data. Net sales Cost of goods sold Operating expenses Effective tax rate

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In-Class Assignment 3 Acc326 7,840 5,940 Nueva Company reported the following 2018 pretax data. Net sales Cost of goods sold Operating expenses Effective tax rate LIFO reserves for Beginning inventories Ending inventories 1,803 25% 708 873 If Nueva Company had used FIFO method, it would have reported the following income statement. Please put the missing numbers in the spaces. Show your work. Nueva Company For the year 2018 Sales Revenues Cost of Goods Sold Gross Profit Operating expenses Income tax expenses Net Income Red ID: Nueva Company For the year 2018 Sales Revenues Cost of Goods Sold Gross Profit Operating expenses Income tax expenses Net Income In-Class Assignment 3 Acc326 7,840 5,940 Nueva Company reported the following 2018 pretax data. Net sales Cost of goods sold Operating expenses Effective tax rate LIFO reserves for Beginning inventories Ending inventories 1,803 25% 708 873 If Nueva Company had used FIFO method, it would have reported the following income statement. Please put the missing numbers in the spaces. Show your work. Nueva Company For the year 2018 Sales Revenues Cost of Goods Sold Gross Profit Operating expenses Income tax expenses Net Income Red ID: Nueva Company For the year 2018 Sales Revenues Cost of Goods Sold Gross Profit Operating expenses Income tax expenses Net Income

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