1/ Journalize all the transactions starting from January 3 using FIFO, LIFO, and average cost methods and compute the profit/loss for each sale transaction? (10 marks) in units Transaction in unitsCost price in S Date January 1 January 3d January 6 January 10h January 15th January 20th January 25th January 31 Inventory 24 Purchase of 48 Purchase of 65 Sale of 70 24 36 30 40 18 Purchase of 20 Purchase of 40 Sale of 50 Sale of 70 50 45 LISo