QP Corporated sold 5,360 units of its product at $46.40 per unit during the year and incurred operating expenses of $7.40 per unit in selling the units. It began the year with 740 units in inventory and made successive purchases of its product as follows.

January 1	Beginning inventory	740	units @ $19.40 per unit
February 20	Purchase	1,640	units @ $20.40 per unit
May 16	Purchase	840	units @ $21.40 per unit
October 3	Purchase	540	units @ $22.40 per unit
December 11	Purchase	3,440	units @ $23.40 per unit
	Total	7,200	units

Required:

1. Prepare comparative year-end income statements for the three inventory costing methods of FIFO, LIFO, and weighted average which includes a detailed cost of goods sold section as part of each statement. The company uses a periodic inventory system.

Note: Round your average cost per unit to 2 decimal places and round your final answers to nearest whole dollar amount.