Part 2 of 3 2 oints Required information [The following information applies to the questions displayed below.] Emily Company uses a periodic inventory system. At the end of the annual accounting period, December 31 of the current year, the accounting records provided the following information for product 2: Inventory, December 31, prior year Unit Units Cost 2,860 $11 For the current year: eBook Purchase, April 11 8,890 12 Purchase, June 1 7,970 17 Sales ($53 each) 10,850 Operating expenses (excluding income tax expense) $185,000 Hint Print 2. Compute the difference between the pretax income and the ending inventory amount for the two cases. 10 References Comparison of Amounts Case A FIFO Pretax income Ending inventory Case B LIFO Difference