Required Information [The following information applies to the questions displayed below] Emily Company uses a perlodic Inventory system. At the end of the annual accounting perlod, December 31 of the current year, the accounting records provided the following information for product 2 : Required: I. Prepare a separate Income statement through pretax Income that detalls cost of goods sold for (a) Case A: FIFO and (b) Case B: IFO