Hello I need help solving this Intermediate Accounting Problem. If you can help me get his question then I promise that I will rate you.

Bettencourt Clothing Corporation uses a periodic inventory system and the LIFO cost method. The

company began $2024$ with the following inventory layers $($listed in chronological order of acquisition$)$:

During $2024,20,200$ units were purchased for $$16$ per unit. Sales for the year totaled $30,400$ units at

various prices, leaving $3,200$ units in ending inventory.

Required:

Calculate cost of goods sold for $2024.$

Determine the amount of LIFO liquidation profit that the company must report in a disclosure note

to its $2024$ financial statements, assuming the amount is material. Assume an income tax rate of

$25\%.$

Cost of goods sold

LIFO liquidation profit