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Saved Required information [The following information applies to the questions displayed below.) Givoly Inc uses a periodic inventory system. At the end of the annual

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Saved 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 6,400 Unit Cost 512 Inventory, December 31, prior year For the current year: Purchase, March 5 Purchase, September 19 Sale ($29 each) Sale (531 each) Operating expenses (excluding income tax expense) 18,400 9,400 8,400 15,400 $394,000 2. Compute the difference between the pretax income and the ending inventory amounts for the two cases Comparison of Amounts Case A Case 0 FO F O Difference Pretax income Ending inventory

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