1 (25 points) Jones Company was formed on December 1, 2019. The following information is available from Jones's inventory record for Product X. January 1, 2020 (beginning inventory) Purchases: January 5, 2020 January 25, 2020 February 16, 2020 March 15, 2020 Sales: January 2, 2020 January 27, 2020 February 10 2020 Febraury 17, 2020 Units 2,400 Unit Cost X $18.00 = 43,200 3,900 K $20.00 78000 3,600 Y $21.00 75,600 1,500 2,700 Y 14100 $22.00 33,000 $23.00 2,100 $291,900 COGA A 1,000 $20.00 20,000 4,000 $21.00 4,000 500 $22.00 11,000 5,600 $23.00 128,800 11,100 equired Determine the value of Ending Inventory under LIFO assuming Jones uses the periodic inventory method. Determine the value of Ending Inventory under LIFO assuming Jones uses the perpetual inventory method. Determine the value of COGS under FIFO assuming Jones uses the perpetual inventory method. Determine the value of inventory using LCM assuming LIFO periodic inventory method if sales price is $135,000, replacement cost is $87,000, cost of completion and disposal is $20,000, and normal profit is $25,000