! Required information [The following information applies to the questions displayed below.) Givoly 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 7.300 Unit Cost $11 9 5 Inventory, December 31, prior year For the current year: Purchase, March 5 Purchase, September 19 Sale $26 each) Sale ($28 each) Operating expenses (excluding income tax expense) 19,300 10,300 8,300 16,300 $403,000 2. Compute the difference between the pretax income and the ending inventory amounts for the two cases. Comparison of Amounts Case A Caso B FIFO LIFO Difference Pretax income Ending inventory