Required information (The following information applies to the questions displayed below.) Emily Company 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 Unit coot $11 2,860 Inventory, December 31, prior year For the current year Purchase, April 11 Purchase, June 1 Sale (5 cach) Operating expenses (excluding income tax expense) 8,920 7,870 10,860 12 17 $194,500 2. Compute the difference between the pretax income and the ending inventory amount for the two cases. Comparison of Amounts Case A Case B FIFO LIFO Difference Pretax income Ending inventory