Sheridan Company began operations on January $1,2023,$ and uses the average$-$cost method of pricing inventory. Management is contemplating a change in inventory methods for $2026.$ The following information is available for the years $2023-2025.$

$($Ignore all tax effects.$)$

Determine net income to be reported for $2023,2024,$ and $2025,$ after giving effect to a change from the average$-$cost to the FIFO method.