The management of Bonita Industries asks your help in determining the comparative effects of the FIFO ad flow methods For 2017,the accounting records show these data Inventory. January 1 (10630 units) 39257 Cost of 113,590 units purchased 466433 Selling price of 95.300 units sold 701.500 136.390 Units purchased consisted of 33.360 units at $3.90om May 10, 55,610 units at $4.10 an Augt 15 and 24420 November 20 income tans we25%. t 54 40 lal Prepare comparative condensed income statements for 2017 under FO and LIFO 5,125) Bonita Industries FIFO LIFO