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The accounting records of Wall's China Shop reflected the following balances as of January $1,$ Year $2$:

$\backslash$table$[[$Cash$,$$$17,200$

The accourning records of Walls Chins Shep raflected the fallowng balanecs as of January $1,$ Year $2$ :

The follawing twe transactions eccurred in rear $2$ :

Fist purchase $($cash$)120$ units is $$90$

Second purchase $($cash$)200$ units o $$98$

Sales $($al cash$)355$ units of $$191$

Paid $$15,0$S$0$ cash tor zalaries expense

Paid cash for income tax at the rate ai $25$ percert of income botore taxes

Required

a$.$ Compute the cost of gocds sald and ending inventory, assuming $($I$)$ FFO cast flow, $(2)$ LIFO cost flom and $($P$)$ weighted aversge cost flow. Weighted averoge. $($Hitht fiecoed the ewents under an accounting equation before preparing the stabements.$)$

Complete this question by entering your answers in the tabs beclow.

Wea A

Hea bt

itas $82$

Anas $83$ calculstions. Rcund your answers bs nesnest whale dallar arricent.

$\backslash$table$[[$WALCE CHIN Shop$],[$Balance Bhitifs$],[,,,,,],[,,$FIFO,LIFD,,Woylite$],[$Assets$,,,5,,],[$Invertary$,,518,6500,314,950<,3,15696],[$Cash$,,96,156(x),,25610],[$Trual asents,,$515716,515,116,9,1594],[$Buockhaibars$\text{'}$ equily$],[$Cammsn albek,$,315,0000,$$$15,000Q,5,15000(0)$