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Part 2/3 Problem 20-3(Static) Change in inventory costing methods; comparative income statements...

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Accounting

Part 2/3 Problem 20-3(Static) Change in inventory costing methods; comparative income statements [LO20-2,20-3]
[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).
\table[[,FIFO,Average Cost,LIFO],[Pre-2023,$2,800,$2,540,$2,280 Please double check all work, and answer problems completely and clearly. Will upvote if all parts are accurately completed thanks!
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