VISUS yed below. Emily Company uses a periodic inventory system. At the end of the annual accounting period, December 31 of the current year, the accounting records provided the following information for product 2 Units 2,960 Cost $15 Inventory December 21. prior year For the current year: Purchase, April 11 Purchase, June 2 Sales 557 each Operating expense excluding income tax expense) 8,910 7.970 10.990 16 21 $191,000 Required: 1. Prepare a separate income statement through pretax income that details cost of goods sold for (al Case A: FIFO and (b) Case B LIFO EMILY COMPANY Income Statement For the Year Ended December 31, current year Case A Case B LIFO FIFO Cost of goods sold Goods available for sale 0 0 Cost of goods sold