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Wilson Print Supplios, Inc., sells laser peinters and suppties. Assume Wison started the year with 100 containers of ink (average cost of 59.20 each, FFO

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Wilson Print Supplios, Inc., sells laser peinters and suppties. Assume Wison started the year with 100 containers of ink (average cost of 59.20 each, FFO cost of 53.60 each, Lifo cost of 57.00 each). During the year, the company purchased 600 containers of ink at $9.90 and sold 590 units for $20.00 pach. Wison paid operning expenses throughout the year, a totsi of $3.750. tanore income taxes for this exercise. Prepare Wilson's income statement for the current year ended December 31 using the average-cost, FiFO, and LiFO irventory costing methods. Include a complete stasement heading Complete the income statement by selecting the appropriate heading and income statoment labels, and then caliculating the anourts for esch of the three requred inenibry methods (Caliojate unit costs to the nearest cent. Round all other colculations to the nearest whole dollar.)

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