The Schulte Tape Company has a beginning inventory for May of $2,500 (250 tapes at

$10 each) and makes the following purchases and sales of tapes during May:

Ravi D iE UL CNASCS scascsarcustsnstyackvessiadesacesssssasseoeee SETS Eos 150 tapes @ $11 = $1,650 QE VM Salesactsscncsn tment sattactarinmucttesteurericentasee 160 tapes ADM ULCHASCS cssttiracattt sis. aeeusscetomener et mente ers 150 tapes @ $12 = 1,800 DOCEBSALGS witterer nce asectetttrcnencthanrnscittet omen tenter net 80 tapes Required: Compute the cost of goods sold and the ending inventory if the company uses the following:

(1) The perpetual inventory system and the FIFO cost flow assumption

(2) The perpetual inventory system and the LIFO cost flow. assumption

(3) The periodic inventory system and the FIFO cost flow assumption

(4) The periodic inventory system and the LIFO cost flow assumption

 TYK-1