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The manapemant of Waterway Co. ssks your help in determining...

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Accounting

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The manapemant of Waterway Co. ssks your help in determining the camparative affects of the FIFO and LIFO inventory cast flav mathods. For 2022 , the accounting records show thase date. Units purchased consisted of 35,000 units at $4.50 on May 10;35,000 units at $4.70 on Auzust 15 ; and 30,000 units at $5.00 on November 20 . Income taxas are 3006 (a) Prepare comparative condensed incame statements for 2022 under FIFO and LIFO

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