Sasha Trading Company has the following purchases and sales entered for March. Units Sold at Retail Units Acquired at Cost 140 units @ $6.00 - $ 840 100 units @ $15 Date Activities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase 60 units @ $5.00 - 300 80 units @ $15 180 units @ $ 4.50 - 810 Totals 380 units $ 1.950 180 units Questions: 1. Compute the Cost of Goods Sold and Ending Inventory Balance using FIFO and Weighted Average Cost Method. 2. Enter the Journal entries for the Sales and Purchases of Sasha Trading Company. 3. Construct an Income statement assuming expenses are $1250 and Tax is 40%