The management of Blossom Inc. is reevaluating the appropriateness of using its present inventory cost flow method, which is average$-$cost$.$ The company requests your help in determining the results of operations for $2027$ if either the FIFO or the LIFO method had been used. For $2027,$ the accounting records show these data:

$\backslash$table$[[$Inventories$,$Purchases and Sales$],[$Beginning $(4,900$ units$),$$$9,800,$Total net sales $(126,000$ units$),$$$522,900$

Operating expenses were $130,000,$ and company's income tax rate is $20\%$ PREPARE COMPORATIVE CONDENSED INCOME STATEMENTS FOR $2027$ UNDER FIFO AND LIFO