Module 4 Assignment 2 Question 3 of 6 -12= Question List LIFO FIFO Question 1 Sales revenue $94.600 $94,600 Cost of goods sold 41,800 31.900 Question Operating expenses including depreciation) 29,700 29,700 Depreciation 11.000 11.000 Canh paid for inventory purchases 35200 35200 212 212 Cami Viewing Question 3 -12 Question 4 2/2 Questions 176 (a) Determine net income under each approach Asume a 30% tax rate Question LIFO Net income 5 Type here to search FIFO 12 May 2