Suppose a division of New York Instruments Incorporated that sells computer microchips has these inventory records for January 2021.

Suppone a division of New York Instruments incorporated that sells computer microchips has these inventory records for January 2001; om Click the icon to view the inventory reconds) The company's accounting records show 340 units were sold for revenue of $3,160. Operating expense for January was $1,500 Read the trairements SU an ects Requirement 1. Prepare the company's January, multistap income statement Calculate income ingre LIFO, average cost and First Lade the bottomine Operating income Round the average cost per unit to three decimal places and all other figures to whole dos amounts. Show your computations Micr com Begin by preparing the income statement in LIFO, the average, and try cost from New York instruments incorporated Data Table AL Income Statement for Microchip Month Ended January 31, 2025 Rece Date Quantity Unit Cost Total Cost LIFO Average FIFO tegninger 160 5 103 1.600 Dyni Sales Modi Cost of goods sold 21 Pucha 110 Snad 27 Picha Grosso COM 10 thed Og expert M Operating income Print Done 00 Extra