The following comparative information is available for Sage Hill Inc. for 2022. LIFO FIFO Sales revenue $89.440 $89.440 Cost of goods sold 39.520 30,160 Operating expenses (including depreciation) 28,080 28.080 Depreciation 10,400 10,400 Cash paid for inventory purchases 33,280 33,280Determine net income under each approach. Assume a 30% tax rate. LIFO FIFO Net income $ $