The following data are available for Sellco for the fiscal year ended on January 31, 2023: Sales 770 units 250 units Beginning inventory $4 Purchases, in chronological order 340 units @ $5 390 units $7 200 units $7 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 $13,100. Calculate net income under FIFO and LIFO. Complete this question by entering your answers in the tabs below. Required At Required B Calculate cost of goods sold and ending inventory under the cost flow assumptions, FIFO, LIFO and Weighted average (using a periodic inventory system): Note: Round unit cost to 2 decimal places. Cost of Goods Sold Ending Inventory FIFO LIFO Weighted average The following data are available for Sellco for the fiscal year ended on January 31, 2023: Sales Beginning inventory 770 units. 250 units @ $4 Purchases, in chronological order 340 units @ $5 390 units @ $7 200 units @ $7 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 $13,100. Calculate net income under FIFO and LIFO. Complete this question by entering your answers in the tabs below. Required A Required B Assume that net income using the weighted-average cost flow assumption is $13,100. Calculate net income under FIFO and LIFO. Note: Round unit cost to 2 decimal places. Net Income FIFO LIFO