please answer both parts

1. Determine the amounts that Woody's should report for cost of goods sold and ending inventory two ways: (Woody's uses a perpetual inventory system.) a. FIFO b. LIFO 2. Woody's uses the FIFO method. Prepare the company's income statement for the month ended March 31,2021, reporting gross profit. Operating expenses totaled $330, and the income tax rate was 35%. Data table