Question 4 (1.5 points) FirstSecond.com SL. sells fashion bags in the Spanish market that are previously developed by a Chinese manufacturer. The Company uses a periodic inventory system. Using the following data from 2019, prepare a comparison of income statements for the year ended, contrasting FIFO, LIFO and Weighted-Average methods (0.5 points per method). Assume that "Other Expenses" for the year are 1.000, and tax rate is 30%. REQUESTED: (Solve this exercise on the ANSWER SHEET) Purchases Sold Inventory 45 @ 60 = 2.700 120 @ 65 = 7.800 110 @ 75 = 8.250 Dec 31, 2018 Jan. 16, 2019 Feb. 4, 2019 April 11, 2019 June 7, 2019 July 4, 2019 August 2, 2019 170 @ 70 = 11.900 55 @ 80 = 4.400 100 @ 80 = 8.000 60 @ 100 = 6.000