1. Mikell Company was formed on January 1, 2021. The following information is available from their inventory records for Product X: Units Unit Cost 2,400 $20.00 January 1, 2021 Purchases: January 7, 2021 January 23, 2021 February 12, 2021 March 17, 2021 4,100 3,600 1,700 $22.00 $24.00 $26.00 $27.00 2,500 A physical inventory on March 31, 2020 shows 3,200 units on hand. Required: Compute the ending inventory at March 31, 2021 and cost of goods sold for the quarter, under each of the following scenarios, assuming that the company uses the perpetual method ONLY for units. a. FIFO b. LIFO c. Weighted-average c