The following comparative information is available for Ayayai Corp. for 2022. LIFO FIFO Sales revenue $93,000 $93,000 Cost of goods sold 36,000 32.600 Operating expenses (including depreciation) 27,000 27,000 Depreciation 11,000 11,000 Cash paid for inventory purchases 17,180 17,180 (a) C A Your answer is incorrect. Determine net income under each approach. Assume a 30% tax rate. Q Act LIFO Net income $ FIFO Qu Acco Que Accor