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

$$17,300$

Beginning inventory

$19,270$

$(205$ units @ $$94)$

Common stock

$14,100$

Retained earnings

$22,478$

The following five transactions occurred in Year $2$:

$1.$ First purchase $($cash$)120$ units @ $$96$

$2.$ Second purchase $($cash$)200$ units @ $$104$

$3.$ Sales $($all cash$)355$ units @ $$188$

$4.$ Paid $$14,600$ cash for salaries expense

$5.$ Paid cash for income tax at the rate of $25$ percent of income before taxes

Required

e$.$ Compute the cost of goods sold and ending inventory. assuming $(1)$ FIFO cost flow. $(2)$ LIFO cost flow, and $(3)$ weighted$-$average cost flow.

b$.$ Use a vertical model to show the Year $2$ income statement, balance sheet, and statement of cash flows under FIFO, LIFO, and weighted average.