The accounting records of Wall$$s China Shop reflected the following balances as of January $1,$ Year $2$:

Cash$$17,100$Beginning inventory$19,995(215$ units @ $$93)$Common stock$14,200$Retained earnings

$22,895$

$$

The following five transactions occurred in Year $2$:

First purchase $($cash$)115$ units @ $$95$

Second purchase $($cash$)200$ units @ $$103$

Sales $($all cash$)360$ units @ $$193$

Paid $$16,150$ cash for salaries expense.

Paid cash for income tax at the rate of $25$ percent of income before taxes.

Required

Compute the cost of goods sold and ending inventory, assuming

$(1)$ FIFO cost flow$(2)$ LIFO cost flow and$(3)$ weighted$-$average cost flow

Use a vertical model to show the Year $2$ income statement, balance sheet, and statement of cash flows under FIFO, LIFO, and weighted average. $($Hint: Record the events under an accounting equation before preparing the statements.$)$