Volata Company began operations on January $1,2023.$ In the second quarter of $2024,$ It adopted the FIFO method of Inventory valuation. In the past, It used the LIFO method. The company's Interim Income statements as originally reported under the LIFO method follow:

$\backslash$table$[[$Accounts$,2023,2024],[1$st Quarter,$2$nd Quarter,$3$rd Quarter,$4$th Quarter,$1$st Quarter$],[$Sales$,$$$10,000,$$$12,000,$$$14,000,$$$16,000,$$$18,000$