please help given the information, data table, and the requirement.

Thames Company's nary records for its retail division show the following at March 31 Click the icon to view the corving records) A March 31.9 of these uns are on hard. Thames Company calculated a cost of goods sold using UFO - $2.082 and its cost of goods sold using FIFO a $1.995 Read the rement expenses are 31,100 and the income tax rate 40% Round your answer to the re c ent) How much in Difference in would Thames Company wave by using the UFO mehed versus FIFO? Sales revenue 16,000 per trods income tax rate Tax Savings using LIFO the following at March 31: alculated its cose . . ... Data Table LIFO method tax rate is 40%. (Round your ans Mar 1 Beginning inventory .... 6 units @ $ 165 = $ 990 15 Purchase............. 5 units @ 166 = $ 830 26 Purchase............. 10 units @ 175 - $ 1,750 Print Done Requirements 1. How much in taxes would Thames Company, save by using the LIFO method versus FIFO? Sales revenue is $6,900, operating expenses are $1,100, and the income tax rate is 40%. (Round your answer to the nearest cent.) Print Print Done 1 Done