The tollowing frve transactions occurred in Year 3: 1. First parchase (cash) 120 unts e $91 2. Second purchase (cash) 200 units o $99 A Paid $14,700 cash for salariks expense 5 Paid cash for income lax at the rate of 25 percent of income before taooes e. Compute the cost of goods sold end ending inveritory, assuming t) FF0 cost tow, LFO cost low, and3weeted average cost b. Use a vertical model the weighted average. (Fint Record the events under an acccureng equailian before pwpering the seonenes) el to show the Year 3 rncome statesent balsnce shest, and sasenment of cash Scsus unde F F0.and Compute the cost of goods sold and endisg iventery, acuming (l) raro coot tlon (2) uro cost An and 1S) weighee anawers to nearest whole dalar amount