The management of Novak Corp. asks your help in determining the comparative effects of the FIFO and LIFO inventory cost flow methods, For 2017, the accounting records show these data. Units purchased consisted of 33, 370 units at exist3.90 on May 10: 60, 940 units at exist4.10 on August 15: and 26, 890 units at exist4.40 on November 20. Income taxes are 26%. (a) Prepare comparative condensed income statements for 2017 under FIFO and LIFO. (Round answers to 0 decimal places, e.g. 5, 125.)