The Bart Simpson Company began business on January $1$st $2024$ and had the following transactions in $2024$ and $20252024$January $1$st sold stock for $$4000$January $3$rd purchased $100$ units of inventory at $$10$ eachJuly $1$st purchased $100$ units of inventory at $$11$ eachOctober $1$st purchased $100$ units of inventory at $$12$ eachDecember $30$th purchased $100$ units of inventory at $$12$ eachOn December $31$st a count of inventory in the warehouse revealed $170$ units of merchandiseAll purchases and sales were made in cashSales were $$3220$Bart's store is in Knoxville so all his employees are volunteers so the only expenses Bart has is inventory and taxes at $20\%2025$February $1$st Bart purchases $100$ units of inventory at $$13$ eachAugust $1$st Bart purchased $100$ units of inventory at $13\mathrm{.}50$ eachNovember $1$st Bart purchased $100$ units of inventory at $$14\mathrm{.}00$ eachOn December $31$st a count of inventory in the warehouse revealed $40$ units of merchandiseall purchases and sales were made in cashSales were $$7000$taxes are still $20\%$ and of course all of Bart's employees are volunteersREQUIRED:A$)$ FOR $2024$ USING FIFO DETERMINE BART'S $1)$ COST OF GOODS SOLD $2)$ ENDING INVENTORY $3)$ NET INCOME $4)$ ENDING CASHB$)$ FOR $2024$ USING LIFO DETERMINE BART'S $1)$ COST OF GOODS SOLD $2)$ ENDING INVENTORY $3)$ NET INCOME $4)$ ENDING CASHC$)$ FOR $2025$ USING FIFO DETERMINE BART'S $1)$ COST OF GOODS SOLD $2)$ ENDING INVENTORY $3)$ NET INCOME $4)$ ENDING CASHD$)$ FOR $2025$ USING LIFO DETERMINE BART'S $1)$ COST OF GOODS SOLD $2)$ ENDING INVENTORY $3)$ NET INCOME $4)$ ENDING CASHE$)$ WOULD BART HAVE MORE ASSETS USING LIFO OR FIFO? EXPLAIN YOUR ANSWER