Part $2/2$ Problem $20-3($Algo$)$ Change in inventory costing methods; comparative income statements $[$LO$20-2,203]$

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Shown below are net income amounts as they would be determined by Roberti Steel Company by each of three different inventory costing methods $($$ in thousands$).$

$\backslash$table$[[,$Average$],[$Pre$-2023,$FIFO,Cost,LIFO$],[2023,$$$2,740,$$$2,480,$$$2,220$

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