I'm working on assignment. I've 3 questions, I hope you can help me.

Q1. TCO 8) Fulbright Corp. uses the periodic inventory system. It's beginning inventory had 10 units @ $100, and they made the following purchases, during the year. (listed in chronological order of acquisition): 40 units at $120 70 units at $125 80 units at $130 The sales in units was 120 at $ 180.00 per unit. Determine the Cost of Goods Sold, Ending Inventory, and Gross Profit for the following 3 methods FIFO LIFO Weighted Average (rounded) Q2. The following is the ending balances of accounts at December 31, 2016 for the Valley Pump Corporation. DR CR Cash 25,000 Accounts Receivable 56,000 Inventories 81,000 Interest Payable 10,000 Marketable Securities 44,000 Land 120,000 Buildings 300,000 Accumulated Dep - Buildings 100,000 Equipment 75,000 Accumulated Dep - Equipment 25,000 Patents, (net) 12,000 Prepaid Expenses 32,000 Accounts Payable 65,000 Deferred Revenues 20,000 Notes Payable 250,000 Allowance for Doubtful Accounts 5,000 Common Stock 20,000 APIC Common Stock 180,000 Retained Earnings 70,000 Total $745,000 $745,000 Additional Information: 1. The $ 120,000 balance in the land account, consists of $ 100,000 for the cost of the land where the plant and office buildings are located. The remaining $ 20,000 consists of the cost of land being held for speculation. 2. The $ 44,000 in marketable securities consist of $30,000 in securities that management will be selling within the next year. The remainder they are unsure of at the present time. The marketable securities are valued at Fair Value. 3. The notes payable account consists of $ 100,000 note due in 6 months, and a $ 150,000 note due in 3 annual installments of $50,000 each, with the first installment due in August of 2017.00 4. The company has 50,000 shares of $ 1.00 par, authorized, and $ 20,000 issued and outstanding. 5. Inventory is valued at LCM Requirement: Prepare a classified balance sheet in good form. For Retained Earnings figure, please use the accounting equation. Q3 A preliminary 2016 income statement of Alexian Systems is presented below: Alexian Systems Income Statement For the period ending, December 31 ,2016 (in $milliions) Revenues and Gains: Sales $425 Interest Revenue 3 Gain on Sale of Investment 6 Expenses Cost of Goods Sold 270 Salaries Expense 50 Depreciation Expense 25 Warranty Expense 30 Restructuring Costs 10 Advertising Expense 23 Additional information: Tax Rate is 40% Cost of Goods Sold includes a $ 1 milliion dollar write down of inventory, that was material There were 20 million shares of common stock outstanding throughout the year. Prepare a revised multi Step Income statement, reflecting the additional facts, in good form, with all required footnote disclosures