I have been paying attention and started this new chapter but I am so lost. As much help would be greatly appreciated! Any would be great! Thanks!!!

Solved: EBect of diflerer X 12.00 pis The accounting records of Wall's China Shop refflected the following balances as of January 1,2016 $18.000 Beginning inventory12.905 (145 units @$89) 5,200 15.705 The tollowing five transactions occurred in 2016 First parchase (cash) 125 units @ $91 Second purchase (cash) 200 units @ $99 Sales (all cash) 430 units @ $192 Paid $15,750 cash for salaries expenses Paid cash for income tax at the rate of 40 percent of income before taxes 2 Compute the cost of goods sold and ending inventory and (3) weighted-average cost low Compute interimediate calculations to 3 decimal places. Round your final answers to the nearest whole dollar amount.) Required s , assuming (1) FIFO cost flow. (2) LIFO coot fow the income tax expense for each method (Round s Sold FIFO LIFO Weighted Average WALL's CHINA SHOP DOLL