The records of Whirlpools Inc. show the following data for 2020. Exercise 9-46 Periodic and Perpetual Methods-Computing Income and RecordingSales revenue. Period-End Adjusting Purchases. Entry LO2 $400,000 Beginning inventory...$50.00 .s................ .....$280,000 Expenses including income taxes $90,000 25% 15% Tax rate for 2020 Net income as a percent of sales revenue Required a. Reconstruct the income statement for this company. Assume a periodic inventory system. b. Prepare the required journal entry at period end to record ending inventory. Assume a periodic inventory system. c. Prepare the required jounal entry at period end to record ending inventory. Assume a perpetual inventory system