If possible could you put your explanation tables as close this one. Anything else may confuse me.

Problem 6-58 Calculate ending inventory and cost of goods sold using FiFO and LIFO and adjust inventory using lower-of-cost-or-mark The following information applies to the questions displayed below) Trends by Tiffeny sells high-end leather purses, The company has the following inventory transactions for the year. Date Jan. 1 Apr 9 Oct 4 Beginning Inventory Purchase Purchase UntsCow Totel Cost 12 $380 S 4,560 8 400 7200 307740 48 19,500 en 1-Dec 3 Sai 40 Because rends n purses change fregseney Trends by Tify stinates that the remaning eight ueanet realicebler volve at December 3t of only $230 each Problem 6-5B Part 1 Required: 1. Using FIFO, calculate ending inventory and cost of goods sold Co of goods sol Problem 6-5B Part 2 2 Using LIFO, calculate ending inventory and cost of goods sold Ending inventory Cost of goods sold Problem 6-5B Part 3 0-a. Determine the amount of ending inventory to report using lower of cost and net realizable value FIFO Journal entry worksheet Record the adjustment for inventory under FIFO Note: Enter debits before credits. ransaction Debit Credit Record entry Clear entry View general journal