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The management of Skysong Group is reevaluating the appropriateness of using its present inventory cost flow method. They request your help in determining the results of operations for 2020 it either the FIFO method or the average-cost method had been used. For 2020, the accounting records show the following data. Inventories Beginning (9.000 units) Ending (13,500 units) 20,520 Purchases and Sales Total net sales (202,500 units) Total cost of goods purchased (207,000 units) 778,500 458,550 Purchases were made quarterly as follows. Quarter Units Unit Cost Total Cost 1 54,000 2.00 108,000 2 45,000 2.20 99.000 3 45,000 2.30 103,500 4 63.000 2.35 148,050 207,000 458,550 Operating expenses were 132.300, and the company's income tax rate is 32%. Prepare comparative condensed income statements for 2020 under FIFO and average-cost. (Round per unit cost to 3 dec places, e.g. 15.125 and final answers to decimal places, e.g. 125.) SKYSONG GROUP Condensed Income Statement FIFO Average-cost 0 0 o