Data table Start by dotermining the amounts that MusicBiz should report for cost goods sold and ending inmentory under a. FiFO FIFO method cost of goods sold = FIFO method ending inventory = Determinie the amounts that MusicBiz should report for cost of goods sold and ending inventory under b, LIFO LFO method cost of goods sold = LFO method ending inventory = Requirement 2. Musiclicz uses the FIFO method. Prepare the companys income stabement for the month ended March 31, 2021, reporing gross proft Operating expenses fotaled 5280, and the income tax rase was 30%, (Round ansmern to the neareat dotar.)