Hawall Pacific University SunGard Higher Education Chega Study Guided Solutions and S. The following data are available for Sellco for the fiscal year ended on January 31, 2017: Sales Beginning inventory Purchases, in chronological order 780 units 290 units @$3 330 units e$5 400 units $6 220 units @S8 Required: a. Calculate cost of goods sold and ending inventory under the cost flow assumptions, FIFO, LIFO and Weighted average (using a periodic inventory system): (Round unit cost to 2 decimal places.) Cost of Goods Sold Ending Inventory FIFO LIFO Weighted average b. Assume that net income using the weighted-average cost flow assumption is $14,400. Calculate net income under F cost to 2 decimal places.) flow assumption is $14,400. Calculate net income under FIFO and LIFO. (Round unt Net Income FIFO LIFO