The management of Sunland Company asks your help in determining the comparative effects of the FIFO and LIFO inventory cost flow methods. For 2022, the accounting records show these data $ 32,200 431,020 Inventory, January 19,200 units) Cost of 110,400 units purchased Selling price of 89,400 units sold Operating expenses 690,000 114,000 Units purchased consisted of 32,200 units at $ 3.70 on May 10; 55,200 units at $ 3.90 on August 15; and 23,000 units at $ 4.20 on November 20. Income taxes are 25% (a) Prepare comparative condensed income statements for 2022 under FIFO and LIFO. (Round answers to decimal places, eg,5,125) Sunland Company Condensed Income Statements FIFO LIFO $