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The management of Novak Corp. is reevaluating the appropriateness of using its present inventory cost flow method, which is average-cost. The company requests your help in determining the results of operations for 2022 if either the FIFO or the LIFO methor had been used. For 2022 , the accounting records show these data: Purchases were made quarterly as follows. Operating expenses were $130,000, and the company's income tax rate is 40%. (a) Prepare comparative condensed income statements for 2022 under FIFO and LIFO