PLEASE read the question and please do not copy and paste another former answer on this question as the numbers given change.

Beck Inc. 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:

			Units			Unit Cost
Inventory, December 31, prior year				6,900			$	13
For the current year:
Purchase, March 5				18,900				11
Purchase, September 19				9,900				7
Sale ($29 each)				7,900
Sale ($31 each)				15,900
Operating expenses (excluding income tax expense)	$	399,000

2.

Required information

Required:

1. Prepare a separate income statement through pretax income that details cost of goods sold for (a) Case A: FIFO and (b) Case B: LIFO. (Loss amounts should be indicated with a minus sign.)

3.

value: 4.28 points

Required information

2. Compute the difference between the pretax income and the ending inventory amounts for the two cases. (Negative amount should be indicated with a minus sign.)