Question: Current Attempt in Progress During 2022, Marigold Company changed from FIFO to weighted-average inventory pricing. Pretax income in 2021 and 2020 (Marigold's first year

Current Attempt in Progress During 2022, Marigold Company changed from FIFO to

Current Attempt in Progress During 2022, Marigold Company changed from FIFO to weighted-average inventory pricing. Pretax income in 2021 and 2020 (Marigold's first year of operations) under FIFO was $137,600 and $154,800, respectively. Pretax income using weighted-average pricing in the prior years would have been $124,700 in 2021 and $146,200 in 2020. In 2022. Marigold Company reported pretax income (using weighted-average pricing) of $154,800. Show comparative income statements for Marigold Company, beginning with "Income before income tax," as presented on the 2022 income statement. (The tax rate in all years is 30%) Income before income tax $ Income tax Net Income 2022 2021 $ $ $ 2020

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