The following data are available for Sellco for the fiscal year ended on January 31, 2020: Sales Beginning inventory Purchases, in chronological order 70 units 200 units @ $4 340 units 2$ 5 400 units as 238 units $8 Requlred: 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 unlt cost to 2 decimal places.) Cost of Goods Sold Ending Inventory FIFO LIFO Weighted average b. Assume that net Income using the welghted average cost flow assumption is $14,600. Calculate net income under FIFO and LIFO. (Round unlt cost to 2 decimal places.) Net Income FIFO LIFO nie