The December 31, 2022, inventory included 9 blowers and 29 mowers. Assume the company uses a periodic inventory system. Required: a. 1. Compute ending inventory valuation at December 31, 2022, under the FIFO and LIFO cost flow assumptions. 2. Is there any difference in valuation under FFO and LIFO. b. If the cost of mowers had increased to $249 each by December 26 th, and if management hod purchased 30 mowers just before the end of the year, which cost flow assumption was probably being used by the firm? Complete this question by entering your answers in the tabs below. Compute ending inventory voluation at December 31,2022 , under the FIFO and LFO cost fow assumptions: The following data are available for Sellco for the fiscal year ended on January 31, 2023: Required: a. Calculate cost of goods sold and ending inventory under the cost flow assumptions, FIFO, LIFO and Weighted average (using a periodic inventory system): b. Assume that net income using the weighted-average cost flow assumption is $14,600. Calculate net income under FIFO and LIFO Complete this question by entering your answers in the tabs below. Calculate cost of goods sold and ending inventory under the cost flow assumptions, FIFO, LFO and Weighted average (using a periodic inventory system): Note: Plound unit cost to 2 decimal pleces. The following data are available for Sellco for the fiscal year ended on January 31, 2023: Required: a. Calculate cost of goods sold and ending inventory under the cost flow assumptions, FIFO, LIFO and Weighted average (using a periodic inventory system): b. Assume that net income using the weighted-average cost fiow assumption is $14,600. Calculate net income under FIFO and LiFO. Complete this question by entering your answers in the tabs below. Assume that net income using the weighted-average dost flow assumption is $14,600. Calculate net income under fiFo and Fio. Note: Plound unit cost to 2 decimal places