Question: During 2025, Bramble Company changed from FIFO to weighted-average inventory pricing. Pretax income in 2024 and 2023 (Bramble's first year of operations) under FIFO was

 During 2025, Bramble Company changed from FIFO to weighted-average inventory pricing.

During 2025, Bramble Company changed from FIFO to weighted-average inventory pricing. Pretax income in 2024 and 2023 (Bramble's first year of operations) under FIFO was $175,550 and $183,900, respectively. Pretax income using weighted-average pricing in the prior years would have been $147,000 in 2024 and $175,200 in 2023. In 2025 , Bramble reported pretax income (using weighted-average pricing) of $201,100. Show comparative income statements for Bramble, beginning with "Income before income tax," as presented on the 2025 income statement. (The tax rate in all years is 30% )

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