During 2017, Cheyenne Company changed from FIFO to weighted-average inventory pricing. Pretax income in 2016 and 2015 (Cheyennes first year of operations) under FIFO was $174,240 and $197,690, respectively. Pretax income using weighted-average pricing in the prior years would have been $147,300 in 2016 and $190,400 in 2015. In 2017, Cheyenne reported pretax income (using weighted-average pricing) of $206,300. Show comparative income statements for Cheyenne, beginning with Income before income tax, as presented on the 2017 income statement. (The tax rate in all years is 28%.)

2017 2016 2015

income before income tax

income tax

net income