The following data are available for Sellco for the fiscal year ended on January 31, 2020:

Sales	830	units
Beginning inventory	210	units	@	$	4
Purchases, in chronological order	330	units	@	$	5
	420	units	@	$	6
	200	units	@	$	8

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): (Round unit cost to 2 decimal places.)

Cost of Goods Sold Ending Inventory FIFO LIFO Weighted average b. Assume that net income using the weighted average cost flow assumption is $14,400. Calculate net income under FIFO and LIFO. (Round unit cost to 2 decimal places.) Net Income FIFO LIFO