Splish 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. 2023 2024 2025 Net Income Computed Using Average-Cost Method $15,950 18,040 20,110 FIFO Method LIFO Method $19,110 20,800 25,000 $11,970 14.130 16,930

Splish 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 20232025. Splish 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 20232025