Part $1/2$ Problem $20-3($Algo$)$ Change in inventory costing methods; comparative income statements $[$LO$20-2,203]$

$[$The following information applies to the questions displayed below$]$

Shown below are net income amounts as they would be determined by Roberti Steel Company by each of three different inventory costing methods $($$ in thousands$).$

$\backslash$table$[[,$FIFO,$\backslash$table$[[$Average$],[$Cost$]],$LIFO$],[$Pre$-2023,$$$2,740,$$$2,480,$$$2,220$

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