Daniel Company uses a periodic inventory system. Data for 2015: beginning merchandise inventory (December 31, 2014), 2,010 units at $36; purchases. 7, 860 units $38: expenses (excluding income taxes). $193, 400; ending inventory per physical count at December 31, 2015. 1, 760: sales, 8, 110 units: sales price per unit. $75; and average income tax rate. 34 percent. Required: Compute cost of goods sold and prepare income statements under FIFO, LIFO, and average cost inventory costing methods. (Do not round intermediate calculations)