The following comparative information is available for Martinez Corp. for 2017. LIFO $90,870 $90,870 41,740 28,590 28,890 28,890 10,180 10,180 31,590 31,590 FIFO Sales revenue Cost of goods sold Operating expenses (including depreciation) Depreciation Cash paid for inventory purchases Determine net income under each approach. Assume a 30% tax rate. udy LIFO FIFO Net income Determine net cash provided by operating activities under each approach. Assume that all sales were on a cash basi and thar ncame a expenses, other than depreciation, were on a cash basis. FIFO LIFO Net cash provided by operating activities s