PLEASE READ THIS BEFORE SOLVING

I need help on this. FIFO and LIFO parts are already done. Here's the FIFO answers just incase it is needed to solve the income statement

FIFO Method cost of goods sold = $644

FIFO Method ending inventory = $374

I ONLY want to know how to get the Income statement part.

There is a drop down menu with a list of options for the income statement as well, please stick to it and don't put any other word other than the ones in the list I provided in the image or else I'll be confused and might downvote.

Although I already answered part of the Income statement, please if there is anything wrong, point it out as well.

Reminder that there is NO NEED FOR LIFO.

Here's the image

Determinie the amounts that MusicPalace should report for cost of goods sold and ending inventory under b. LIFO. LIFO method cost of goods sold = LIFO method ending inventory = tax rate was 35% (Rnund ancwers tn the neareat dnllar ) Data table