The accounting records of Woll's China Shop reflected the following balances as of Januaryt Year 3 Canh Beginning inventory Comon stock Betained aming $10.500 17.000 (2008) 18.600 20.500 The following five transactions occurred in Year 3: 1. First purchase (cash): 125 units $87 2. Second purchase (cash) 200 units 595 3. Sales (all cash 355 units 5107 4. Paid $15.750 cash for salaries expense 5. Paid cash for income tax at the rate of 25 percent of income before taxes Required a. Compute the cost of goods sold and ending Inventory, assuming (FIFO cost flow. (2) LIFO cost flow.and (9) weighted average cost b-1. Use a vertical model to show the Year 3 income statement under FIFO, UFO, and weighted average Print Record the event 6.2. Use a vertical model to show the Year 3 balance sheet under FIFO, LIFO, and weighted average. Print. Record the events under ba. Use a vertical model to show the Year 3 statement of cash flows under FIFO, UFO, and weighted average (Hint: Record the events under an accounting equation before preparing the statements) Complete this question by entering your answers in the tabs below. T T