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 2,870 Unit Cont $14 Inventory, December 31, prior year for the current year Purchase, April 11 Purchase, June 1 Sales ($56 each) Operating expenses (excluding income tax expense) 8,940 7,960 10,920 15 20 56 $188,000 2. Compute the difference between the pretex income and the ending inventory amount for the two cases. Comparison of Amounts Case A Case B FIFO LIFO Difference Pretax incomo Ending inventory