please do all requirements

Musicky specializes in sound equipment Company records indicate the following data for a line of speakers (Click the icon to view the data) Road the requirements Requirement 1. Determine the amounts that Musicity should report for cost of goods sold and ending inventory two ways a. FIFO and b. LIFO. (MusicCity uses a perpetual inventory system) 1. Using the FIFO method, the cost of goods sold is $550 and the ending inventory in S 775 to. Using the LIFO method, the cost of goods sold is $ and the ending inventory is 5 Requirements Data Table Hem Sale Price Date Mar Unit Cost S 56 19 1. Determine the amounts that Musicly should report for cost of goods sold and onding inventory two ways: (Musicly uses a perpetual inventory system) a FIFO b. LIFO 2. MusicCity uses the FIFO mothod. Prepare the company's income statement for the month ended March 31, 2018, reporting gross proft. Operating expenses totaled $250, and the income tax rate was 40% 1 Balance 2 Purchase 7 Sale 5 56 s 6 95 4 13 Sale 91 Entd Print Done Print Done Check Answer part remaining Clear All