LIFO

FIFO

Sales revenue

$$68,800$

$$68,800$

Cost of goods sold

$30,400$

$23,200$

Operating expenses $($including depreciation$)$

$21,600$

$21,600$

Depreciation

$8,000$

$8,000$

Cash paid for inventory purchases

$25,600$

$25,600$

$-12$

$3=$

SUPPORT