On December $1,2022,$ Matthias Company had the following account balances.

The following transactions occurred during December.

Dec. $3$ Purchased $4,000$ units of inventory on account at a cost of $$0\mathrm{.}72$ per unit.

$5$ Sold $4,400$ units of inventory on account for $$0\mathrm{.}90$ per unit. $($Matthias sold $3,000$ of the $$0\mathrm{.}60$ units and $1,400$ of the

$$0\mathrm{.}72.)$

$7$ Granted the December $5$ customer $$180$ credit for $200$ units of inventory returned costing $$144.$ These units were

returned to inventory.

$17$ Purchased $2,200$ units of inventory for cash at $$0\mathrm{.}80$ each.

$22$ Sold $2,000$ units of inventory on account for $$0\mathrm{.}95$ per unit. $($Matthias sold $2,000$ of the $$0\mathrm{.}72$ units.$)$

Adjustment data:

Accrued salaries payable $$400.$

Depreciation $$200$ per month.

$($a$)$

Journalize the December transactions. $($b$)$ Enter the December $1$ balances in the ledger T$-$accounts and post the December transactions. In addition to the accounts mentioned above, use the following additional accounts: Cost of goods sold, depreciation expense, salaries and wages expense, salaries and wages payable, sales revenue, and sPales returns and allownances. $($c$)$ Prepare an adjusted trial balance as of December $31,2022.($d$1)$ Prepare an income statement December $2022.($D$2)$ Prepare a classified balance sheet at December $31,2022.($ e$)$ compute ending inventory and cost of goods sold under FIFO, assuming Matthias Company uses the periodic invetory system. $($f$)$ Compute ending invetory and cost of goods sold under LIFO, assuming Matthias Company uses the periodic inventory system.