01 M 05 March 2018 17 March 2018 23 March 2018 31 March 2018 15 at NS 12.5006 March 201720 25 at NS 12.80 40 at NS 13.20 20 at N$ 13.60 30 March 2017 20 15 March 201720 24 March 2017 20 Selling price: N$ 20 Use the above information to calculate closing inventory 31 March 2018 financial year that would be shown using below methods for iFIFO i) AVC iii) Calculate purchases using FIFO and AVCO iv) Calculate cost sale using FIFO and AVCO v) Calculate sales using FIFO and AVCo vi) Prepare trading statement as at 31 March 2017 04 Marks 11 Marks 04 Marks 04 Marks 04 Marks 08 Marks