Need help solving this chart

Saved Help Save & Exit Sub Check my worl The accounting records of Wall's China Shop reflected the following balances as of January 1, 2018: Cash Beginning inventory Common stock Retained earnings $18,900 19, 110 (210 units @ $91) 14,800 23, 210 The following five transactions occurred in 2018: 1. First purchase (cash) 125 units @ $93 2. Second purchase (cash) 200 units @ $101 3. Sales (all ca 365 units @ $186 4. Paid $15,950 cash for salaries expense 5. Paid cash for income tax at the rate of 25 percent of income before taxes Required a. Compute the cost of goods sold and ending inventory, assuming (1) FIFO cost flow, (2) LIFO cost flow, and (3) weighted average cost flow. Compute the income tax expense for each method. b. Use a vertical model to show the 2018 income statement, balance sheet, and statement of cash flows under FIFO, LIFO, and weighted average. (Hint: Record the events under an accounting equation before preparing the statements.) Check my work Complete this question by entering your answers in the tabs below. Req A Req B1 Req B2 Req B3 Use a vertical model to prepare the 2018 balance sheet under FIFO, LIFO, and weighted average. (Do not round intermediate calculations. Round your answers to nearest whole dollar amount.) WALL'S CHINA SHOP Balance Sheets As of December 31, 2018 FIFO LIFO Weighted Average Assets Cash Inventory 17,170 15,470 16,185 Total assets $ 17,170 $ 15,470 $ 16,185 Stockholders' equity Common stock $ 14,800 $ 14,800 $ 14,800 Retained earnings Total stockholders' equity $ 14,800 $ 14,800 $ 14,800 Checkr Req A Req B1 Req B2 Req B3 Use a vertical model to prepare the 2018 statement of cash flows under FIFO, LIFO, and weighted average. (Do not round intermediate calculations. Round your answers to nearest whole dollar amount. Amounts to be deducted should be indicated with a minus sign.) WALL'S CHINA SHOP Statements of Cash Flows For the Year Ended December 31, 2018 FIFO LIFO Weighted Average Cash flows from operating activities Cash inflow from customers Cash outflow for salaries expense 0 0 0 Net cash flows from operating activities Cash flows from investing activities Cash flows from financing activities Net change in cash Plus: Beginning cash balance Ending cash balance 0 0 0 $ 0 $ 0 $ 0