please help my accounting

Choice under income statement is in the attach as well.

' Connect - Chapter 7 Instructions I help El '13. i Save&Exit H Submit i E711 Evaluating the Choice among Three Alternative Inventory Methods Based on Income and Cash Flow Effects LO7-2, 7-3 [The following information applies to the questions displayed below] Daniel Company uses a periodic inventory system. Date for the current year: beginning merchandise inventory (ending inventow December 31, prior year). 2,120 units at $38; purchases. 7,940 units at $40: expenses (excluding income taxes), $193,800: ending inventory per physical count at December 31, current year. 1.660 units: sales, 8.400 units: sales price per unit. $75; and average income tax rate. 32 percent. References Section Break E71'i Evaluating the Choice among Three Alternative Inventory Methods Based on Income and Cash Flow Effects LO72. 7-3 6 . "3'\" Required Information 17.00 points 9-11 Part1 Required: 1. Compute cost of goods sold and prepare income statements under the FIFO, LIFO, and average cost inventory costing methods. (Round your final answers to nearest whole dollar. Do not round your intermediate calculations.) Beginning inventory Purchases Goods available for sale 0 0 0 O Ending inventory Cost of goods sold Sales revenue Cost of goods sold Gross prot Income tax expense Pretax income Cash References eBook 8. Resources Worksheet Difculty: 2 Medium Learning Objective: 0703 Decide when the use of different inventory costing methods is benecial to a company. inventory and cost of goods sold using the four inventory costing methods. Check my work 7. Value Required Information 1.00 polnts 9-11 Part 2 2. Between FIFO and LIFO, which method is preferable in terms of (a) net income and (b) income taxes paid (cash flow)? Net income j Income taxes paid ' References eBook 8: Resources Worksheet Difculty: 2 Medium Learning Objective: 0703 Decide when the use of different inventory costing methods is benecial to a company. E7-11 Part 2 Learning Objective: 07-02 Report inventory and cost of goods sold using the four inventory costing methods. Check my work 8. value' Required Information 1.00 polnts 9-11 Part 3 3. Between FIFO and LIFO, which method is preferable in terms of (a) net income and (b) income taxes paid (cash ow), assuming that prices were falling? References eBook 8. Resources Worksheet Difculty: 2 Medium Learning Objective: 0703 Decide when the use of different inventory costing methods is benecial to a company. E7-11 Part 3 Learning Objective: 07-02 Report inventory and cost of goods sold using the four inventory costing methods. Check my work