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

Cash $ 18,200

Beginning inventory 19,530 (210 units @ $93)

Common stock 14,400

Retained earnings 23,330

The following five transactions occurred in Year 2:

First purchase (cash) 115 units @ $95

Second purchase (cash) 195 units @ $103

Sales (all cash) 355 units @ $192

Paid $14,300 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.)