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: Unit Unit Coat Inventory, December 31, prior year 7,700 For the current year Purchase, March 5 19,700 7 Purchase, September 19 10,700 Sale ($30 each) Sale ($32 nach) 16.700 Operating expenses (excluding income tax expense) 5407,000 3 8,700 2. Compute the difference between the pretax income and the ending inventory amounts for the two cases. Comparison of Amounts Case A Case B FIFO LIFO Difference Pretax incomo Ending inventory