Question 3 View Policies Current Attempt In Progress During 2020, Vaughn Company changed from FIFO to weighted average inventory pricing Pretax income in 2019 and 2018 (Vaughn's first year of operations) under FIFO was $172,490 and $186,830, respectively. Pretax income using weighted average pricing in the prior years would have been $154,000 in 2019 and $188,000 in 2018. In 2020, Vaughn reported pretax income (using weighted average pricing) of $220,600. Show comparative Income statements for Vaughn, beginning with "Income before income tax," as presented on the 2020 income statement. (The tax rate in all years is 30%) 2020 2019 2018 Income before income tax $ Income tax Net Income eTextbook and Media Attempts: 0 of 3 used Submit Answer Save for Later