The, management of Marin Instrument Company had concluded, with the concurrence of its independent auditors, that results of operations would be more fairly presented if Marin changed its method of pricing inventory from last-in, first-out (LIFO) to average-cost in 2017. Given below is the S-year summary of income under LIFO and a schedule of what the inventories would be if stated on the average-cost method. Prepare comparative statements for the 5 years, assuming that Marin changed its method of inventory pricing to average-cost. Indicate the effects on net income and earnings per share for the years involved. Marin Instruments started business in 2012. (Enter amounts that decrease cost of goods sold using either a negative sign preceding the number e.g. -15,000 or parentheses e.g. (15,000). Round all amounts except EPS to the nearest whole dollar, e.g. 5, 275. Round Earning Per Share to 2 decimal places, e.g. 1.62. Round up the tax effects to the next whole dollar.)