Question 6 of 6 -/1 View Policies Current Attempt in Progress The management of National Incasks your help in determining the comparative effects of the FIFO and LIFO inventory cost flow methods. For 2022. the accounting records show these data. Inventory, January 110.000 units) $35.000 Cost of 120.000 units purchased Sales revenue on 98.000 units Operating expenses 124.000 468,500 750,000 Units purchased consisted of 35,000 units at $3.70 on May 10, 60.000 units at $ 3.90 on August 15, and 25,000 units at $420 on November 20. Income taxes are 20% (a) Prepare comparative condensed income statements for 2022 under FIFO and UFO. (Round answers to decimal procesos 5.125) National Inc. Condensed Income Statements FIFO LIFO 3 75F Mostly cloudy d Question 6 of 6 HII Prepare comparative condensed income statements for 2022 under FIFO and LIFO. Round answers to decind loss 5.125) National Inc. Condensed Income Statements FIFO LIFO